Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680379d62817b-trace').style.display = (document.getElementById('cakeErr680379d62817b-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680379d62817b-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680379d62817b-code').style.display = (document.getElementById('cakeErr680379d62817b-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680379d62817b-context').style.display = (document.getElementById('cakeErr680379d62817b-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680379d62817b-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680379d62817b-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 35667, 'title' => 'Raghuram Rajan opens up on what&#039;s working and what&#039;s not working for India', 'subheading' => '', 'description' => '<div align="justify"> -The Economic Times<br /> <br /> Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /> <br /> Modi said,&quot;In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment.&quot; He also said, &quot;Our Mantra is 'Reform, Perform And Transform.&quot;<br /> <br /> However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /> <br /> Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. &quot;I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /> <br /> Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /> <br /> The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /> <br /> Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more. </div>', 'credit_writer' => 'The Economic Times, 27 January, 2018, https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4683774, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 35667, 'metaTitle' => 'LATEST NEWS UPDATES | Raghuram Rajan opens up on what&#039;s working and what&#039;s not working for India', 'metaKeywords' => 'Infrastructure,Job Creation,Economic Growth', 'metaDesc' => ' -The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. 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Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. 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So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /> <br /> Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /> <br /> The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. 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Modi...' $disp = '<div align="justify">-The Economic Times<br /><br />Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /><br />Modi said,&quot;In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment.&quot; He also said, &quot;Our Mantra is 'Reform, Perform And Transform.&quot;<br /><br />However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /><br />Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. &quot;I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Raghuram Rajan opens up on what's working and what's not working for India | Im4change.org</title> <meta name="description" content=" -The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. Modi..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Raghuram Rajan opens up on what's working and what's not working for India</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Economic Times<br /><br />Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /><br />Modi said,"In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment." He also said, "Our Mantra is 'Reform, Perform And Transform."<br /><br />However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /><br />Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. "I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy."<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. "But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs," he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, "Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone." <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /> <br /> Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /> <br /> The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /> <br /> Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more. </div>', 'credit_writer' => 'The Economic Times, 27 January, 2018, https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4683774, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 35667, 'metaTitle' => 'LATEST NEWS UPDATES | Raghuram Rajan opens up on what&#039;s working and what&#039;s not working for India', 'metaKeywords' => 'Infrastructure,Job Creation,Economic Growth', 'metaDesc' => ' -The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. 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Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 35667, 'title' => 'Raghuram Rajan opens up on what&#039;s working and what&#039;s not working for India', 'subheading' => '', 'description' => '<div align="justify"> -The Economic Times<br /> <br /> Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /> <br /> Modi said,&quot;In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment.&quot; He also said, &quot;Our Mantra is 'Reform, Perform And Transform.&quot;<br /> <br /> However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /> <br /> Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. &quot;I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /> <br /> Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /> <br /> The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. 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Modi...' $disp = '<div align="justify">-The Economic Times<br /><br />Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /><br />Modi said,&quot;In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment.&quot; He also said, &quot;Our Mantra is 'Reform, Perform And Transform.&quot;<br /><br />However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /><br />Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. &quot;I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Raghuram Rajan opens up on what's working and what's not working for India | Im4change.org</title> <meta name="description" content=" -The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. Modi..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Raghuram Rajan opens up on what's working and what's not working for India</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Economic Times<br /><br />Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /><br />Modi said,"In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment." He also said, "Our Mantra is 'Reform, Perform And Transform."<br /><br />However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /><br />Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. "I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy."<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. "But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs," he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, "Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone." <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /> <br /> Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /> <br /> The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. 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Modi...', 'disp' => '<div align="justify">-The Economic Times<br /><br />Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /><br />Modi said,&quot;In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment.&quot; He also said, &quot;Our Mantra is 'Reform, Perform And Transform.&quot;<br /><br />However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /><br />Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. &quot;I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 35667, 'title' => 'Raghuram Rajan opens up on what&#039;s working and what&#039;s not working for India', 'subheading' => '', 'description' => '<div align="justify"> -The Economic Times<br /> <br /> Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /> <br /> Modi said,&quot;In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment.&quot; He also said, &quot;Our Mantra is 'Reform, Perform And Transform.&quot;<br /> <br /> However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /> <br /> Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. &quot;I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /> <br /> Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /> <br /> The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /> <br /> Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more. </div>', 'credit_writer' => 'The Economic Times, 27 January, 2018, https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4683774, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 35667 $metaTitle = 'LATEST NEWS UPDATES | Raghuram Rajan opens up on what&#039;s working and what&#039;s not working for India' $metaKeywords = 'Infrastructure,Job Creation,Economic Growth' $metaDesc = ' -The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. Modi...' $disp = '<div align="justify">-The Economic Times<br /><br />Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /><br />Modi said,&quot;In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment.&quot; He also said, &quot;Our Mantra is 'Reform, Perform And Transform.&quot;<br /><br />However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /><br />Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. &quot;I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy.&quot;<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. &quot;But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs,&quot; he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, &quot;Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone.&quot; <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Raghuram Rajan opens up on what's working and what's not working for India | Im4change.org</title> <meta name="description" content=" -The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. Modi..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Raghuram Rajan opens up on what's working and what's not working for India</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Economic Times<br /><br />Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /><br />Modi said,"In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment." He also said, "Our Mantra is 'Reform, Perform And Transform."<br /><br />However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /><br />Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. "I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy."<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. "But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs," he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, "Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone." <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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He said only a small clique was making all the decisions while bureaucrats were sidelined.<br /> <br /> Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. "I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy."<br /> <br /> Rajan went on to question what he thought was an undemocratic way of running the country. 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We are not alone." <br /> <br /> Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more. </div>', 'credit_writer' => 'The Economic Times, 27 January, 2018, https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'raghuram-rajan-opens-up-on-what039s-working-and-what039s-not-working-for-india-4683774', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4683774, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 35667, 'metaTitle' => 'LATEST NEWS UPDATES | Raghuram Rajan opens up on what's working and what's not working for India', 'metaKeywords' => 'Infrastructure,Job Creation,Economic Growth', 'metaDesc' => ' -The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. 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We are not alone." <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 35667, 'title' => 'Raghuram Rajan opens up on what's working and what's not working for India', 'subheading' => '', 'description' => '<div align="justify"> -The Economic Times<br /> <br /> Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch.<br /> <br /> Modi said,"In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment." 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Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy."<br /><br />Rajan went on to question what he thought was an undemocratic way of running the country. "But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs," he said.<br /><br />The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, "Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone." <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms" title="https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-opens-up-on-whats-working-and-whats-not-working-for-india/articleshow/62669946.cms">click here</a> to read more.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Raghuram Rajan opens up on what's working and what's not working for India |
-The Economic Times
Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. Modi said,"In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment." He also said, "Our Mantra is 'Reform, Perform And Transform." However, Rajan did not agree. Speaking to ET Now, he doubted if the way the Modi government was functioning was really democratic. He said only a small clique was making all the decisions while bureaucrats were sidelined. Talking of stalled infrastructure projects, Rajan said there was the need for political focus on implementation. "I worry that we are not getting decisions taken by the bureaucracy. Mr Jaitley has talked time and again about removing the impediments. For example, the fear that bureaucrats have being accused of corruption but why are we doing that? So, that is one set of issues -- decision making by the bureaucracy." Rajan went on to question what he thought was an undemocratic way of running the country. "But we also have to ask whether things are getting too centralised and if we are trying to run the economy by a very small set of people and whether there is enough sort of capacity to manage what a $2.5 trillion economy needs," he said. The spike in Indian markets is considered a sign of the economy doing well, but Rajan dismissed that as merely part of a global trend. When asked what was driving the rally in India stocks, he said, "Well, it is an across-the-globe phenomenon. Look at the Hong Kong market. We are not alone." Please click here to read more. |