Subbarao alleged that the finance ministry, led by Pranab Mukherjee, and P Chidambaram, pressed the RBI to lower interest rates and create a more positive picture of development to boost the confidence of people in the government.
The Thuglak magazine had recently decided to re-publish its articles dating back to Periyar's Salem rally in 1971 where he had paraded naked idols of Sri Rama and Sita with garlands of shoes.