Former Reserve Bank of India Governor Raghuram Rajan on Saturday warned that any attempt to turn a large minority into “second class citizens” will divide the country and create internal resentment.
“In this age of geopolitical turmoil, it will weaken us and also make the country vulnerable to foreign meddling,” he said.
We must confront and defeat majoritarian authoritarianism. Any attempt to make 2nd class citizens of our minority population will not lead us anywhere.
: Former RBI Governor Shri Raghuram Rajan at @ProfCong National Conclave#NationalConclave2022#ProfessionalsForProgress pic.twitter.com/4EyPcXACAM
— Congress (@INCIndia) July 30, 2022
Rajan made the remarks while speaking at the 5th conclave of All India Professionals Congress, a wing of the Congress party in Raipur.
In his address, the former Reserve Bank of India governor pointed out that the ongoing crisis in Sri Lanka was an example of what happens when a country’s politicians try to deflect a job crisis by targeting minorities. “It does not lead to anywhere good,” he said.
Sri Lanka is facing its worst economic crisis since independence in 1948. The country has run out of foreign exchange reserves that have limited essential imports of fuel, food and medicine.
The island nation’s inflation rate touched 54.6% year-over-year in June while food inflation shot up to 80%. The United Nations has warned that more than a…