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In the News

Agree With Raghuram Rajan, Economy Suffering Because All Powers Centralised In PMO: Shiv Sena

quoting Raghuram Rajanvia India Today
Tuesday, December 10, 2019

In his essay for the India Today Magazine, Raghuram Rajan had said India is currently in the midst of a "growth recession" with signs of extreme centralisation of power in the PMO.

In the News

Economy In A Mess: Raghuram Rajan Lists 5 Burdens That Modi Govt Inherited From UPA

featuring Raghuram Rajanvia India Today
Friday, December 6, 2019

Raghuram Rajan said PM Modi was elected in 2014, not just because of his record in Gujarat suggested he would resolve issues borne out of problems inherited from past govts, but also because he promised reforms that would enhance growth and employment.

In the News

Rethinking Economy And Civil Societies: Lessons From Raghuram Rajan’s ‘The Third Pillar’

featuring Raghuram Rajanvia Youth Ki Awaaz
Wednesday, December 4, 2019

I just finished reading the book “The Third Pillar” authored by Raghuram Rajan. As expected, the book has enriched me with significant insight into the subject. I am here just to give you all a glimpse of the book. It revolves around three pillars—state, market and community, and “community” is the third pillar. Rajan’s sole intent in writing this book is to explain the disturbance, harmony, and cooperation among these three, and make the readers see the solution for global problems in balancing of these pillars.

In the News

Raghuram Rajan: India In Growth Recession; Extreme Centralization Of Power In PMO Not Good

featuring Raghuram Rajanvia CNBC
Saturday, December 7, 2019

Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a "growth recession" with signs of deep malaise in the Indian economy that is being run through extreme centralization of power in Prime Minister's Office and powerless ministers.

In the News

Paytm Payments Bank Eyes Small Finance Model

mentioning Raghuram Rajanvia The Times of India
Monday, December 2, 2019

Paytm wants to convert its payments bank into a small finance bank as that will allow it to lend to its consumers and build a more profitable growth model, the firm’s founder and CEO Vijay Shekhar Sharma told TOI. This comes on the back of India Post Payments Bank waiting for the RBI approval to convert itself into a small finance bank, after finding the payments bank model unviable.

In the News

Raghuram Rajan's Warning About Mudra Loans Last Year May Be Coming True— And Now A Citi Report Confirms It

quoting Raghuram Rajanvia Business Insider
Friday, November 29, 2019

Many of the working capital loans made to India's small entrepreneurs may be turning bad.

Analysis and Commentary

A Hindu-Muslim Clash, A Jury-Rigged Fix

by Tunku Varadarajanvia The Wall Street Journal
Thursday, November 21, 2019

Anyone who has visited India for longer than a few days is likely familiar with jugaad, a Hindi word that describes a workaround solution to a problem, often a clumsy fix that cuts corners or bends rules. The closest English equivalents are “hack” and “kludge,” methods employed when conventional solutions are costly, arduous or impossible.

Blank Section (Placeholder)Analysis and CommentaryImmigration

The Libertarian: DACA In The Dock

interview with Richard A. Epsteinvia The Libertarian
Thursday, November 14, 2019

Will the Supreme Court allow the Trump Administration to undo Obama’s immigration program?

In the News

India Can Be Educational Hub For Asia, Africa: Former RBI Governor Raghuram Rajan

featuring Raghuram Rajanvia First Post
Friday, November 8, 2019

The country can become an educational hub for Asia and Africa if it builds world-class universities, former Reserve Bank of India governor Raghuram G Rajan has said. He said what the country needs is to create an environment where an educational ecosystem can flourish.

In the News

Global Economy In Better Place After Fed Cuts, Trade Progress: Raghuram Rajan

featuring Raghuram Rajanvia The Times of India
Thursday, November 7, 2019

Hopes of a trade deal between the US and China and a series of interest rate cuts by the Federal Reserve are making the world a much better place in the short term, former Reserve Bank of India (RBI) governor Raghuram Rajan said.