"Please talk to the Foreign Institutional Investors (FIIs) on retrospective tax as also a number of companies," former Union minister Jyotiraditya Scindia said, reacting to Rajan's address at the Economic Club in New York.
Scindia, who is also a party spokesperson, said that the BJP while it was in the Opposition had made huge political capital of a "single case" then, but now when they are in power, "multiple cases are now happening".
Dubbing the Modi dispensation as "marketing, repackaging and a photo-op" government, he said that it has nothing to show by way of achievements in its one year in office. Taking a jibe at the Prime Minister, he said the government is following a MODI policy -- "Moneyed Only-Deprived Ignored".
Finding fault with the 'Make in India' programme, he said that it should have been the "outcome" and "not a slogan".
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"Shockingly, these cuts have been unabatedly applied to areas and sectors such as women and child development, agriculture, irrigation, panchayati raj, education, health and housing", he said.
In his address, Rajan had said that the expectations from the new government when it came to power last year were "probably unrealistic" but it has taken steps to create an environment for investment and is "sensitive" to concerns of investors.