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India is facing greatest emergency post Independence: Raghuram Rajan

Former RBI Governor Raghuram Rajan suggested govt to prioritise spending on the poor and work with experts, including opposition parties to deal with epidemic. This is the greatest emergency since Independence, he stated. In the Linked in blog post, Raghuram said that there is “much work to do” and with the “right priorities and drawing on India’s many sources of strength,” the country can beat the virus. His post comes amid a time when the case of coronavirus is increasing day by day. Today, India recorded 4067 cases with death crossings 110 count . Src: https://bit.ly/2UOW8Wp

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14 votes

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2 votes

India's growth a sad story, govt focusing more on political agenda, says Raghuram Rajan

IIT Delhi and IIM Ahmedabad alumni, who has also served as RBI governor, Raghuram Rajan has said that India's growth slowdown is due to the government focusing more on fulfilling its political and social agenda rather than paying attention to the economy. Raghuram said that it is an extremely sad story and called its politics. India’s GDP growth hit nearly 7-year low of 4.7% in the December quarter. Src: https://bit.ly/32CjLUc

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27 votes

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25 votes

Deepika's silent protest against JNU violence inspires us all, says Raghuram Rajan

Former RBI Governor Raghuram Rajan, in a blog on Linkedin, backed Deepika Padukone and stated that her silent protest against JNU violence showed that for certain people, truth, freedom, and justice aren't simply words, but goals worth sacrificing for. Rajan further said despite putting participation at her most recent movie 'Chhapaak' in danger, Padukone inspired us all to check out what is truly at stake. He added that it is very impressive to see youngsters of differing religions walk together, Hindus and Muslims coming together behind the national flag, rejecting fake divides fed by political leaders for their own gain. Src: https://bit.ly/2tOqpJI

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23 votes

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32 votes

India is in a growth recession, says Raghuram Rajan

Recently the former RBI Governor Raghuram Rajan has presented his views over country’s growth. He said that India is in a growth recession, defined as an economy growing at a slow pace and where unemployment is rising. In one of the articles for a magazine he also said India's real estate, construction, and infrastructure industries are in "deep trouble". He added non-bank finance companies (NBFC) lending to these sectors should have their asset quality reviewed. Src: https://bit.ly/2sV1gg5

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9 votes

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7 votes