Lap 2: Challenges for Raghuram Rajan - Dr. A.Vasudevan
Reserve Bank of India (RBI) governor Raghuram Rajan has completed one year in office. He has seen difficult economic developments and dramatic shift of political power at the centre. He has also initiated a number of ideas, most of which have ignited many mixed feelings. How he will build on this experience and join hands with government to generate high growth with stability is an area on which the markets expect a clear path to be laid down. Rajan’s initiatives could be classified into five broad areas.....
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