It Is Too Early to Celebrate India’s New Growth Path, Says Raghuram Rajan
Former RBI governor and economist Raghuram Rajan has been vocal about his ideas on policy matters in India. His latest book Breaking the Mould, co-authored with economist Rohit Lamba, is a deep dive into finer issues of the economy, including welfare schemes, job crisis, misplaced priorities of the government and much more. In an interview, Rajan demystifies the current narrative of growth in the country and why manufacturing-led growth might not be the best solution at hand. Edited excerpts:
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Shaktikanta Das: Rupee’s Messiah
Not a conventional economist with degrees from global universities, the RBI governor is seen as the man who did not let things go out of hand during the Covid-19 period. With an eye on the evolving global situation, he is the man India watches on inflation, the value of rupee, virtual currency and the general economic stability
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