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In the News

Economic Manifesto Released In India

quoting Raghuram Rajanvia Tehran Times (Iran)
Sunday, December 16, 2018

Top Indian economists, including former Reserve Bank of India governor Raghuram Rajan, have released an economic manifesto for India, meant to spur debate and discussion.

Current Growth Not Creating Enough Jobs: Raghuram Rajan

quoting Raghuram Rajanvia The Indian Wire
Saturday, December 15, 2018

Former RBI Governor Raghuram Rajan on Friday released a report named “An Economic Strategy for India”. He expressed his views on various heated topics that encircle the Indian politics and economy.

In the News

Reduce Number, Weight Of Government Mandates For Public Sector Banks, Says Raghuram Rajan

quoting Raghuram Rajanvia FirstPost
Friday, December 14, 2018

Pointing out that privatisation of public sector banks is not panacea for all ills, former RBI Governor Raghuram Rajan on Friday made a case for reduction of uncompensated mandates like lending targets and pushing government schemes through branches of state-owned lenders.


Raghuram Rajan Says, "Job Crisis Needs Attention"

interview with Raghuram Rajanvia Times Now News
Thursday, December 13, 2018

Hoover Institution fellow Raghuram Rajan red flags creating jobs in India, in an interaction at the India Economic Conclave 2018. He says the lack of jobs could snowball to a crisis if not addressed immediately. 

In the News

India Needs To Have A Good Oil Hedging Policy: Raghuram Rajan

featuring Raghuram Rajanvia Money Control
Wednesday, December 12, 2018

Rajan said the issue has been discussed in the past and it began with a strategic petroleum reserve, but beyond that there is a need to think about hedging oil prices especially when it comes to levels such as now.

Featured AnalysisAnalysis and Commentary

Democracy, Populism, And Polytheism: Islam In India

by Aishwary Kumarvia The Caravan
Tuesday, December 11, 2018

Extreme fascination with idols, statues, and names is widespread across South Asia and the ritualistic violence that accompanies such practices is neither modern nor singular to India, the region’s most doggedly democratic and unequivocally polytheistic country. In fact, until this past November, when the Indian Prime Minister Narendra Modi unveiled India’s colossal 182-meter high Statue of Unity, which now stands as the world’s highest monument to a revisionist history of nationalism, the record for height belonged to a more modest Buddhist statue in China, shorter than Modi’s populist gift to India by more than 100 feet.

In the News

"All Indians Should Be Concerned," Says Raghuram Rajan On RBI Crisis

quoting Raghuram Rajanvia NDTV
Monday, December 10, 2018

Urjit Patel took over from Raghuram Rajan in 2016, just two months before Prime Minister Narendra Modi's colossal demonetisation move.

In the News

The Elephant Must Compete With The Dragon

quoting John H. Cochrane via Daily Pioneer (India)
Sunday, December 9, 2018

As India does well in its Ease of Doing Business rankings, a comparison with the evolving business environment in Asia, China in particular, must propel it to promote reforms across the country rather than confine it to commercial hubs.

In the News

A Sensible Government Knows When To Back Off: Raghuram Rajan

featuring Raghuram Rajanvia Quartz India
Tuesday, December 4, 2018

India’s former “rockstar central banker”, Raghuram Rajan, has a word of advice for the Narendra Modi government in the backdrop of its strained relations with the central bank: “the sensible government knows when to back off.”