-India Today Raghuram Rajan said India needs to build modern schools and universities that teach its children to be more tolerant and respectful of one another. Former Reserve Bank of India Governor Raghuram Rajan has said Hindu nationalism does not just foment social tensions but also detracts India from its economic growth. Rajan said the Narendra Modi government is no exception to having a tendency "to want more power, especially given the...
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Abhijit Banerjee's prescription for Indian economy: 'Stop PMO interference, raise NREGA wages, pray' -Rohan Venkataramakrishnan
-Scroll.in The economist, who was awarded the Nobel prize on Monday, spoke just last week about what Indian policymakers need to do. Abhijit Banerjee, the renowned economist who was one of three awarded the Nobel prize for economics on Monday, put together some prescriptions for what the Indian economy needs right now. The last item on the list? “Pray.” On the next list, for the longer run? “Pray more.” Banerjee was speaking...
More »Suppressing criticism a sure fire recipe for policy mistakes: Raghuram Rajan
-The Indian Express In an essay on LinkedIn, the former RBI Governor said governments that suppress criticism do themselves a disservice. New Delhi: People in authority have to tolerate criticism and suppressing criticism is a sure-fire recipe for policy mistakes, former Reserve Bank of India Governor Raghuram Rajan said Monday. In an essay on LinkedIn, Rajan said governments that suppress public criticism do themselves a gross disservice. “People in authority have to...
More »Raghuram Rajan issues warning alert for Modi govt on economy
-BusinessToday.in According to former RBI Governor Raghuram Rajan, the slowdown in the economy "very worrisome", and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated Former RBI Governor Raghuram Rajan has said the economic slowdown in India is "very worrisome" and has called for a fresh look at the way GDP is...
More »Income plan: Economists consulted, says Rahul; uphill task, feel experts
-PTI NEW DELHI: Congress president Rahul Gandhi on Tuesday said his party consulted several economists including former RBI governor Raghuram Rajan on its minimum income plan for the poor even as leading experts said that implementing such a scheme would be an uphill task. In a mega poll promise, Gandhi on Monday announced that under 'Nyay' - an acronym for Nyuntam Aay Yojana - Rs 72,000 will be given to the poorest...
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