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Interviews

Focus On Macro Stability And Move Towards A Job-Creating Economy: Raghuram Rajan

interview with Raghuram Rajanvia The Economic Times
Tuesday, January 22, 2019

Hoover Institution fellow Raghuram Rajan notes that creation of jobs, tolerance of different views, and how we protect institutions like Supreme Court, Election Commission, and RBI, are the biggest issues facing India.

In the News

India To Become Bigger Than China Eventually: Raghuram Rajan

featuring Raghuram Rajanvia The Times of India
Tuesday, January 22, 2019

India will eventually surpass China in economic size and will be in a better position to create the infrastructure being promised by the Chinese side in South Asian countries, former RBI governor Raghuram Rajan said on Tuesday.

Interviews

Growth Without Jobs Means Nothing: Raghuram Rajan

interview with Raghuram Rajanvia Economic Times (India)
Tuesday, January 22, 2019

Hoover Institution fellow Raghuram Rajan talks about how India needs to move towards a more job-creating economy, all the growth will go for nothing if India does not create good jobs.

Interviews

Ex-RBI Governor Rajan Says U.S-China Dispute Far Bigger Than Trade

interview with Raghuram Rajanvia Bloomberg
Tuesday, January 22, 2019

Hoover Institution fellow Raghuram Rajan discusses the US-China trade dispute, Federal Reserve policy, global economic risks, and the state of India's economy.

Analysis and Commentary

‘Unruly Waters’ And ‘Ganges’ Review: In India, Water Is Politics

by Tunku Varadarajanvia The Wall Street Journal
Friday, January 4, 2019

The opening shot of “Mother India,” the most iconic film made in India in the decade after its independence, is of an old peasant woman struggling to grow crops on parched land. Behind her are rumbling tractors and earth movers, unsubtle symbols of progress. Then the camera pans past electric cables and newly metaled roads to a magnificent dam, which will bring water to the arid earth. 

In the News

Decision On Excess Reserves Should Rest With RBI Alone: Kaushik Basu

mentioning Raghuram Rajanvia Live Mint
Wednesday, December 19, 2018

The issue of parting with a portion of RBI reserves, which as of June stood at Rs 9.43 trillion, to the government has been a contentious issue between the government and the central bank for a long time.

In the News

Transfer Of Excess Reserve May Pull Down Credit Rating Of RBI: Raghuram Rajan

quoting Raghuram Rajanvia The Economic Times
Monday, December 17, 2018

Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank.

In the News

25 Million Applying For 90,000 Railway Vacancies Shows We Don't Have Enough Jobs: Raghuram Rajan

featuring Raghuram Rajanvia Business Today
Monday, December 17, 2018

Rajan further said that the three biggest problems for the Indian economy currently are the agrarian distress, the ailing power sector and the crisis in the banking system.

Banning High Value Notes Dragged India's Economic Growth Down: Raghuram Rajan

quoting Raghuram Rajanvia The Economic Times
Monday, December 17, 2018

Demonetisation slowed down India's economic growth at a time when the world economy was growing and it impacted the GDP significantly, former RBI Governor Raghuram Rajan said. Rajan said he has seen studies which reaffirm that banning of high value currency notes in late 2016 impacted India's growth significantly. 

In the News

Do Away With Farm Loan Waivers: Raghuram Rajan

featuring Raghuram Rajanvia Economic Times (India)
Saturday, December 15, 2018

Former Reserve Bank of India governor Raghuram Rajan Friday stressed on the need to do away with farm loan waivers citing “enormous” problems for state finances and investment at a time when the Congress takes the helm in states it has won elections in based on its promise of waiving such loans, especially Chhattisgarh.

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