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The former diplomat was speaking with foreign affairs journalist Mandira Nayar on 'The Rajiv I Knew' at Manorama Hortus.
PM Modi also hit out at Congress over its weak and timid response after the 26/11 terror attacks in Mumbai.
Aiyar claimed that the video was old and resurfaced due to the BJP's faltering election campaign.
Uttarakhand's Jyotir Mutt head Avimukteshwaranand Saraswati has said that none of the four shankaracharyas will attend the event in Ayodhya.
It would be best that Rahul remains party chief, but at the same time, Rahul's own wishes must also be respected, Aiyar said.
Aiyar lost his temper at TV reporters who met him at the Punjab government guest house here and questioned him over an article he wrote, recalling a slur he directed at Modi in 2017.