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Swadeshi Jagran Manch wants RBI board member out

Says there is no point in letting Mor continue as his employer company BMGF receives foreign fund of which the RBI is a regulator

Swadeshi Jagran Manch wants RBI board member out

Representational Image (Photo: AFP)

Swadeshi Jagran Manch (SJM), affiliated to Rashtriya Swayamsevak Sangh (RSS), in a letter to Prime Minister Narendra Modi has demanded immediate removal of Reserve Bank of India (RBI) board member Nachiket Mor on ground of clash of interest between the central bank and his employer BMGF (Bill and Melinda Gates Foundation).

SJM co-convener Ashwani Mahajan in a letter to Modi argued that there was no point in letting Mor continue as his employer company BMGF receives foreign fund of which the RBI is a regulator. He also accused BMGF of indulging in activities that are against India’s interest.

“The fact that BMGF is functioning in India with RBI’s permission makes it a glaring case of conflict of interest…It is a fit case of conflict of interest, as his principal employer BMGF receives foreign funds and the RBI is regulator of the fund,” Ashwani Mahajan said in his letter to Modi urging him to take stringent action in the matter.

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“We request you to take stringent action, so that the message must go to all that they can’t take India for granted,” the SJM leader said. He further pointed out that Mor was a full-time representative of the foundation in India. He said BMGF and its foreign funding sources were under the watch-list of the Home Ministry.

Mahajan further alleged that Bill and Melinda Gates Foundation was working on behalf of foreign multinationals in the fields of health and agriculture. “…the foundation is working for multinational companies to influence government policies on health and agriculture sectors in their favour,” the SJM leader alleged in his letter to the Prime Minister.

Citing media reports Mahajan further alleged that the BMGF funded NGO Global Health Strategies (GHS) was engaged in bringing vaccines to India which had been found to be of no use in other countries of the world.

“…this would create more business for certain pharmaceutical companies where BMGF and many of these NGOs have cross funding, but these vaccines will create a negative impact on our fellow Indians,” Mahajan pointed out.

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