Raghuram Rajan Interview: Former RBI Governor Breaks Down India's Economic Challenges

[@shikhar5909]

The point I like most about him is that his views are not in favor or against any party, but they are always in favor of India, how country can move ahead, prosper, progress and Indians' lives are uplifted.

[@shivammalikO1]

🙄🙄😒

[@rravisankar3355]

This guy is amongst the coterie who deludes pushing Bharat back to the closet monarchy!

[@nkgnkg4990]

What is the end result?did it bear any fruit at all?

[@spartaautube]

Nope. His hatred for the current govt is hidden behind his show of love for the country. Hope he was equally vocal during his time as an Indian govt official

[@inventacreata7062]

Indian economy needs more minds like him

[@smgs4170]

Let him advise US first where he lives and takes money. They don't allow him 10 kms near fed. He is complete useless.

[@nananou1687]

He has advised several firms and several other govts. Very few except a certain obsequious lot, stooges like you that is, complain about him. Good to show a lot about you and your deference to an incompetent govt, due to your ideological interests ​@@smgs4170

[@SMCGPRA]

He is too eccentric

[@टिरंजननकले]

@@smgs4170 He applied multiple times for US Economic advisory council positions.. But he never got.

[@Flame_Dynast_IO]

@@inventacreata7062 😄😄 a faltu economist

[@shrestaassociates4063]

Middle class is shrinking

[@shanthalakshmi2082]

Middle class died. Only rich and poor exist 😂

[@Housenumber68]

Kahan ho. Middle is no more

[@shanthalakshmi2082]

@@Housenumber68 only Modi's nirmala's middle finger exist and visible 😭

[@dipakpatil5717]

Middle class is poor class now.. just give so much taxes and nothing getting back in return.. tax slab is not shifted upward as per inflation..

[@xl6984]

inflation cause destruction of social order thts text book.

[@shubhamtiwari16]

Background traffic noise should be cleared for better audio.

[@anoopdesai3205]

@@shubhamtiwari16 I sure they could have arranged an Aircon room. Maybe this was deliberate .

[@shubhamcweb]

@@anoopdesai3205 I mean it gives people some reality check, so why not.

[@narayanagunturi5402]

Yep. Second this. Please clear background noise for a better experience

[@netaambani]

NO. The background noise is the road to Viksit Bharat… this guy should Shut Up

[@rambhattacharjee1850]

First priority has to be jobs and control of inflation. If we build our house we need strong base.. These parameters are strong base. Then Vikait Bharat and Vishwaguru will happen automatically

[@rajx7120]

We need agriculture reforms and labour reforms immediately.

[@smgs4170]

Even if your points are debatable, how come this political economist will resolve the problem. The country where he lives; they don't listen to him as his ideas are impractical. He was given a position in India as most central bankers are government stooge including Rajan. Obviously once booted from RBI he couldn't get similar central bank job (not expected as well, this fellow himself is not a banker); frustrations has led him to do more activism. Zero substance.

[@maxverstapanfromkerala]

Bro development will happen only by protecting our culture.

[@pardeeptandon]

The Vishva Guru could not Protect Hindus in Bangladesh. Making India a nation of traders causes massive unemployment. Food inflation is at a decade high.

[@truth_S1]

Who cares about jobs? faulty infrastructure is all they want.Dazzling outside,huge holes inside,one day or another it's bound to falter

[@sherlock5141]

Let’s not forget how other problems like gangsters and political goons are creeping in because of unemployment.

[@MrUpSide90]

This Government is anyways not focusing on improving middle class lives and making them spend more .. In fact no government right now can do that.

[@MrBaburic]

they can ..

[@MrUpSide90]

@@MrBaburic Problem is inflation will rise, india isnt like western countries where population isnt the concern.

[@karansinha9695]

@@MrUpSide90It won’t if the government is doing its job. For example most of the jobs in India are coming from Agriculture that is 45%, why? Because people are not getting jobs in the cities, if you look at China they are populated like India but have worked on vocational training of their graduate, worked on primary and secondary education, health and skill development. Western countries don’t push for infrastructure development because there is no ROI. Whereas in India ruling government wants to build infrastructure metro, roads bridges, community halls and many more, why? Because there is an interest of politicians and their firms who are getting the contracts. Let’s be honest, we are going backward with economics! We need to better leadership than the current Indian leadership.

[@shamakrai3310]

Only Modi govt cannot do But any other govt can do

[@pardeeptandon]

@@shamakrai3310; Congress did much better than the Modani government.

[@josephchettupuzha8689]

VIKSHIT BHARAT, is just a catch Phrase like SHINING INDIA and GAREBIE HATAO.

[@smgs4170]

Agreed, politicians are spin doctors. This political economist is too. Rajan is not able to get a job or voice anywhere else . Imagine some one who lives 24/7 in US and spends time on Indian economy 24/7.

[@RiteshKumar-zf4ro]

Tujhe kya dikkat ho gayi uske political hone par ,teri baat ka koi sence hai ? Us mein rahne wala yaha ka knowledge nahi rakhta kya ​@@smgs4170

[@SarthakBhatia]

@@smgs4170 why is that bad? Modi lives more days visiting random tiny countries than Manipur Rajan is well read. You can be anywhere and follow data easily. India is absolute clown show something braindead Bhakts can't grasp

[@chetanpandore]

Garibi was hataoed and only 25 crores were BPL now it has inflated to 80 crores ... Just above triple...

[@adr2567]

Exactly, the politicians are huge spin masters

[@SR1-191]

Thank You Indian Express Team and Editor in Chief 🙏🏼for showing us Prof. Dr. Raghuram Rajan's interview. we all Young Indian Love to watch his Views and how he is comprehending Indian Economy's progression, how can we all contribute to projected target by way of our small contribution. Thank you Once again..!🙏🏼

[@shekharlovekar8917]

I wish they had also discussed why the GDP growth had dropped from 8% to below 4% before the pandemic. That might hold the key to understanding why the GDP growth rate is dropping in 2024.

[@teresabrowne4536]

Just like the "India Shining" this slogan is also full of hot air.

[@DivineLearnings]

He left the position with two digit inflation and still speaking on economy because he also got some genius fans😂

[@satvikhegde325]

Ur paw paw gifts everything to adani😂. We know tht bjp is clueless thts why doing hindu muslim

[@DivineLearnings]

@satvikhegde325 Ur bray brays have grown the Adanis and took benefits in your account, got zakir naiks fund too and returned again when your skins were peeled off. You people have no 🧠 that you talk about Adani and bray brays in the parliament. Hindu Muslim issue is purposely created by slaves of Mughal dynasty. Try to get some literacy.

[@cooldjk]

What he did won't be understood by lame people like you....BTW economy isn't a thing whose policy changes are immediately seen...the fact that India had a faltering economy with rampant corruption and grafts was quite known BTW he was nominated for Nobel in 2017 as one of the top 6 contendors, and so we are not well enough to judge coz let me ask you,"were you nominated for Nobel or is there a probability ever?"

[@poorchef1895]

Keep dreaming and India's best years to grow our economy are passing at just 6-8% 😢

[@DivineLearnings]

@poorchef1895 Because of blamers like you

[@prakashanpillai7487]

Chidambaram once said it is impossible to open crores of Janthan a/c & electronic payments even to our hawkers & what happened??????. Nothing is impossible if our leaders are patriotic to his or her motherland i. e. always nation first because this is incredible India.

[@cooldjk]

You are comparing a technology driven socialism to development of human resources to a more skilled kind. It's like comparing cats and dogs. BTW you can't name a single country that has won by socialism only unless they are the ultra rich Scandinavian ones. India is exactly getting in this trap by not upskilling the only export we have,"the brain drain". For comparison let me tell you in a country with such a huge growing population, earlier factories needed loads of labor for example say a rifle making company in a single plant employed 50~70 people...but now the whole process is automated needing 5 people for the whole plant ...so what does these 70 people do? I m not against automation but it should be done in a controlled manner. We haven't developed skill to develop these high end automation machines which are being imported from China. So we are lagging behind in that manner too. We haven't opened up alternate career options the reason you see a hell lot no. of people in delivery and cab services. It is booming now only to get disrupted in the near future in say 10~15 years once the AI services multiplies by a massive amount.

[@pardeeptandon]

Technological improvements and AADHAR introduced by Congress have enabled the opening of Janthan Accounts.

[@sudiptapandit7640]

Dude stop smoking this stuff immediately, it's killing your brain cells!

[@jeetasingh9510]

140 crores of people, IT returns filed 8.09 crores, but 4.90 crores of returns were filed as a ritual as it was within exempted income limit, only 3.19 crores paid tax. How we could be a developed nation?

[@n00btutorialss]

Bro what are you smoking?

[@pardeeptandon]

@@n00btutorialss: He has stated a fact.

[@sudiptapandit7640]

Income tax is not the only tax taken by the government. Every single citizen of this country pays indirect taxes, which are increasing day by day. Ask why they reduce tax on billion dollar companies! To promote business 😂, it looks like only a few businesses benefited from it. And stop smoking this stuff, it's seriously hurting your brain.

[@chaitanyavarada6737]

Even if that's the case can you explain where the 18% tax on almost every single product.. From food to fuel and even education is going??

[@soubhikdutta6184]

@@chaitanyavarada6737 Actually that is the reason. The central government is unable to rely very heavily on corporate and income tax and thus focusing on gst to ensure that tax collection goes up and a lot is collected from non rich classes.

[@akshaysood1667]

Good discussion. Better than the very political podcasts . Rajan only affirms / confirms challenges before Indian economy. Governments and their functionaries are aware of the challenges of unemployment and inequalities. We are doing it the Indian way , slow steady and in a democratic manner .Big Bang changes are difficult eg Agriculture laws and the with held labor laws .Despite being passed in Parliament.

[@sanivkumar2145]

Making goal for 50 or 100 years, is meaningless. It will never get through.

[@D_Ghost-e8c]

At current era, 10 or 20 years is enough.

[@govind77409]

We need a concrete 5 year plan

[@niara6]

Sahi kaha kuch nhi hone wala

[@chandrasekhar7090]

Live in the present and do right thing. Changing extended milestones doesn't make sense.

[@ranadas4934]

India was supposed to focus on growth, jobs, and innovation. Instead, we're stuck debating mandirs vs. masjids and dividing communities. Demonetization crushed small businesses, GST burdened SMEs, and 'Make in India' turned into 'Import from China.' Meanwhile, leaders travel abroad for few Corporate business.

[@awesomehits1659]

Viksit bharat = sellable india to Adani 😂

[@uttamprusty7699]

Aaj kal Ambani ka naam koi nehi leraha hai kya baat hai 🤔❓🤣🤣🤣🤣 Rahul ne bhi Ambani ka naam lena band kardia hai 😝😝😝😝.

[@RKV8527]

It is shameful that many of our INDI alliance including Gandhi Parivar does not know what is " write-off"

[@YoursMohankumar]

Under upa government 2.2 lakh crore were write off 😂😂😂 I think you need to talk with your father's forefathers about Congress rule

[@mithulohar5442]

​​@@YoursMohankumar BJP government has write of more than 12 lakh carore in just 10 years , I know the meaning of write off , Now tell me whose Credit Score got affect after write off and how much capital recovery was made

[@chetanpandore]

He said stock market bubble will burst and it did. 😊

[@ZoneTradingInLondon]

where did it burst?

[@antonyjohnpeter549]

In a Viksit Bharat, the citizens expect the following basic amenities such as: Potable water Uninterrupted power Sanitation Better public education Better public health care Better infrastructure Pollution free atmosphere Profitable jobs Housing for all. Also the following should be eradicated in the society: Corruption Bribery and Black money.

[@rajnair1357]

EU, USA and Five eyes going for islamisation. China-India-Russia-Brazil poised for Economic development and boom. No power can stop Bharat from becoming Highly Developed nation on 15.8.2047.

[@antonyjohnpeter549]

@rajnair1357 Why should any power stop Bharat?

[@cooldjk]

@@rajnair1357 you really believe India isn't getting radicalised? The nation is more radicalised than in the last 25 years. Radicalism has nothing to do with religion. Here both Hindus are radicalised as are Muslims.

[@cooldjk]

@@rajnair1357 also btw no power can stop India except these unskilled people like you acting as stooges for the govt and not brave enough to question their policies

[@pardeeptandon]

Our Sangie government has made India a country of traders and not manufactures in the last decade causing massive unemployment

[@srinisbir8781]

@@pardeeptandon hahaha. How much manufacturing was happening during UPA time?

[@gangadharhiremath7306]

Indian bania is basically a trader. Economy handed over to Bania will lead to unethical business environment and poorer India.

[@sitanshurai892]

Also, massive corruption, erosion of rule and law, decline in public information, decency, democracy and centralisation of power. Rigging of elections at an unforeseen scale. A pure goonda raj if you will. The centralisation of power and democracy question bears a bit more thinking. Anyone who’s studied computer science, AI or distributed systems understands that centralised systems are very poor and unreliable in information processing as compared to disteibuted systems. More so if the master node handling the information processing, planning and decision making is an uneducated fool who's only working for self-enrichment and the sake of more power aka our dear PM. This is what you get when you vote for a strongman. In real, median wealth terms, we are getting poorer by the day. Wealth disparity levels are now world beating in a largely poor society where there is inter-caste/religious and inter-ethnic/state enmity. If you don't realise how explosive this is you don't deserve to be a citizen.

[@akshayagarwal14]

Don’t behave like a fence sitter loose cannon making comments on every issue with a mind like Pappu.

[@sureshharinathbabu9717]

Yes gomuthra nagpur half knickers you are right atleast nagpur RSS is manufacturing half knickers now in high volume during gomuthra modi government ​@@srinisbir8781

[@shrestaassociates4063]

Adani has borrowed about 2 lakh crorex but given employment to just 30000 crores.. imports hv gone up..

[@rajx7120]

He has not defaulted on any loans. So, what's the issue? We need labour reforms, to boost manufacturing.

[@shrestaassociates4063]

@rajx7120 govt has written off crores for him...pl Google....

[@shrestaassociates4063]

@rajx7120 chk how did he took 0ver ambuja cement and few steel companies. Daravi there was a quotation for 7000 crores but adani was given gor 4000 crores...pl chk.

[@rajx7120]

@@shrestaassociates4063 I don't know about Dharavi. But ehat is the issue with Ambuja Cements? Company takeovers are common.

[@smgs4170]

@@shrestaassociates4063 So was Ambani took over Alok Textiles, so Vijay Mallya in Chennai. Junk properties (bankruptcy companies) have no value but manipulation. No there were no quotations for Dharavi for 7000 cr, the highest bidder was Adani. There were complaints others were not allowed to bid due to underworld threat. That is totally different than higher bidding price.

[@gangadharhiremath7306]

Rajan is telling the obvious.Forget Vikasit Bharat,the widening gap btn rich and poor as seen during Modi regime would result in more number of poor ppl in 2047.

[@balachandrang76]

When Raghu says managing food inflation is the main challenge facing the nation it can be intercepted that economists do not have any solutions. So is with the govt & it's babus. How can we create more jobs? By increasing consumption at the lower class levels. Govt has to force the corporates to invest more in labour intensive sectors. If they don't do it the corporate taxes should be increased & that money should be diverted for govt investments to help the lower working class to generate consumption.

[@AX-sq5vm]

I don't have 800 rs to apply for jobs now

[@राकेश_रेल]

They talk on macro economic level on broad level solve your problem bro we are on same boat

[@srvdhar]

What Mr. Rajan is speaking is ideal scenario where the govt is not corrupt and everyone is working towards development. its not going to work till the people culture improves, the people (either in Govt or Govt jobs ) are lazy and corrupt, unnecessary complication in every process. This makes the general public also lazy and unproductive. What is the point of a student being very talented in states like Bihar where there is no respect no demand for the talent. Talent dies in corrupt system.

[@rbh3100]

Good useful conversation with meaningful insights. Thank you to Dr Rajan and the Indian Express team for such serious discussion on most important topics such as the 'Economy', Inflation, good public education, Good public Healthcare, good oportunities of self -employment , more good quality jobs creation, good public infrastructure for all , good public transport for all ,good social harmony to be thriving nation with proper law and order and minimal corruption. 😊

[@fardmosarraf216]

A kind feedback, background noise create distraction. It will more soothing to hear if it is removed.

[@srinivasvaranasi1645]

I wish that the interviewer would have asked this question, especially as Dr. Rajan mentioned it repeatedly - Given the current situation how would you create more quality jobs in the short run?

[@SKasT84]

Very true Rajan Sir

[@LakshayBussi]

India today - High taxes, crumbling disposable incomes in middle class, high unemployment, very high food inflation, exhorbitant house prices…..How are these ‘Ache din’?

[@thecomment9489]

At least we are onour way to become a vishvaguru

[@LakshayBussi]

@ if that elevates your health, living standards and wealth….only then it makes sense…everything else is just marketing

[@sureshharinathbabu9717]

​@@thecomment9489what vishwaguru nonsense even Maldives don't care for us

[@smgs4170]

@@sureshharinathbabu9717 No one will care unless everyone contributes. A country with 90% freeloaders and lazy people will never grow, no political class can uplift them.

[@niara6]

More *ache din* will come 😂😂

[@shrestaassociates4063]

Manmohan faced even a worse situation. .for a professional twisting the tongue is not fair.

[@q-mansion145]

Nice work❤

[@shrestaassociates4063]

Nimmy of modi will never appreciate u now..

[@Kumar-zx8mj]

Tai for PM

[@krisgopi_8]

​@@Kumar-zx8mjmodi as pm should replaced present fm nirmala SR long back, in our country many experienced economists buerocrats are there, pm should have picked any one of them as replacement to fm.

[@np2819]

Weakening rupee means more inflation. Inflation is already screwing India.

[@virendraprakashsingh3874]

For the first time this guy didn't criticized the government

[@SpSingh-jv3ne]

GST in present state is very complicated and very on various essential items like trucks, buses and their tyres having GST @ 28% bracketed as Sin category.

[@opsharma8458]

Quite an impressive debate. Thanks

[@ankurkulkarni7664]

hi Udit - lovely interview 👍. Also, removing 'sort of' from every sentence you use, will make it better..

[@govindsinghrajasansi2674]

Thank you Raghu ji for all your concern but l am sorry our RBI governor studied history.

[@pushpendergusain4262]

It is always a pleasure to listen Raghuram Rajan. Informative interview.

[@parakhpatel93]

Greate knowledge sharing

[@marketlive145]

India needs proper monthly data for the employment situation and core CPI; RBI should be given a US Fed-like dual mandate of maximum employment (say 95% of the labor force) and minimum price stability (like 3% core CPI); RBI or any central bank can't control food inflation by curtailing demand through higher borrowing costs as it may eventually lead people to starve; India's unemployment rate is around 8%, while total CPI 5% for the last 20 years; we need lower borrowing costs like 4% in China to encourage private CAPEX, boost consumer spending and eventually quality employment; we also need much higher agri/farm output to cope with increasing demand, not only for the 1.45B huge population, also for increasing stocking by big corporate offline/online retailers

[@smgs4170]

first thing first Central BANK Governer should be a BANKER. Not political economist, bureaucrat or some other government stooge. Powell is an investment banker, what about our history of RBI Governers?

[@Kumar-zx8mj]

Nimmy Tai for PM

[@AyushMohan.8]

Can someone here who has an understanding of the economy please tell me why people have soo much hate against him .. I am a student of finance and I really wanna know 🙏

[@struggler755]

जितना ज्यादा लोगोके के हात मैं पैसा आयेगा...लोग ज्यादा लेवल पै खर्चा करंगे.. इस्से और inflation बडेगा..read इकॉनॉमिक 🙏

[@sthaConsultancy]

Mr.Rajan is always the best 🎉

[@shrestaassociates4063]

Govt has written off 12.5 lakh crores...

[@smgs4170]

What you will do when you give away 25 lakh crores over phone.

[@gauravupadhyay6162]

Bhai kya ye sach hain 😢😢 but kiya kiska loan maaf??

[@prashanthb6521]

@@smgs4170 All fake news you spread to win elections.

[@spartaautube]

Thankfully the current govt and the RBI governor has brought it to Business as Usual. It was worse during Congress and Rajan’s time. Hopefully it will only get better from here!

[@krishnanviswanath268]

IMHO the 73rd amendment must be completed. Push down fiscal responsibilities to the local level. Improve services which provide opportunities at local level. Hopefully improvement things like better collection (revenue). Open the ability for local government to go to capital market to improve local infrastructure and enable local businesses. It is through such democratic transformation further growth. With quasi Soviet model we still got no choice but to settle down for low (4-6%) rate of growth

[@ajaybrahmnalkar3684]

Surprised! Same Rajan was saying Make in India for Export is not going to work in past. He has come 180 degrees now and says low skilled jobs and exports.

[@cooldjk]

Make in India is Working?? Well Vietnam started after us and didn't speak so much,yet they are ahead of us.

[@ranjitbasfor4720]

Thanking you sir ! I've a great pleasure to have your esteemed segment of informative discussion .. !

[@piyushkumar517]

What an excellent interview 👏 We really missed him being our Finance minister 😔

[@LetsStartLearning-v6u]

Sir, I wish to add into it our country somewhere missing its continuous development Goals, not just the reason because we don't have skilled employees and labour but also not arising of new sustainable businesses. As in India there are few numbers of settled industry; and others are mostly dependent on them and huge number of public seeking for jobs, therefore we are missing quality jobs or high paying jobs. Here we should observe that a government is only an authority who could plan some strategy or itself to forward industrial investments, service sector offerings etc. so that we could produce more as well as create more jobs. But we see the government just does not seem to be serious for particular responsibility; they are just happy with managing people in a manner and to apply punishments all over.

[@bhikariman-sigmamale]

One suggestion for government would be to provide job prospects councelling in every school.

[@sundutt6205]

When ever a discussion is organized, always keep in mind it should have a positive outlook ; intern every thought process should be in the absolute benefit of the country and it's people.. Blame game will not work for anyone! At leas,t start a conversation with a positive note than pointing someone's over look!🥰🥰

[@akashkumarpagad8741]

I sort of like this discussion 😊

[@dipakpatil5717]

Modi has focused to give benifit to friends, rather than helping industry do well. Manufacturing down. No reasearch.. No Education.. Looting middle class by putting more and more taxes.. Rich got the way by having lack crore loan written off ..

[@sbaskaran7638]

2007-08 growth was driven by mad bank credit . Chickens came home to roost by Rs18 lacs NPA which has taken a decade to clean up.

[@rajat10]

Horns in the background!! Haha welcome to India. Noise noise everywhere

[@vikaypratapyadav6945]

Sir aap ne bilkul sahi kaha hai Sabhi jante hai ये एक जुमला है 😂😂😂😂😂😂 😂😂😂😂😂😂 😂😂😂😂😂😂

[@sarasumayya3839]

It is a mammoth task which is more than GDP figures. We see the reality around us every day and know how viksit Bharat requires a new vision

[@Anoymous464]

Unfortunately he is right

[@AlphaM25]

Get a better studio or improve noise insulation, too much traffic noise in the background

[@mohibquadri4053]

Spot on analysis.

[@phileasfogg3524]

India's problem for last many years has been that, we try to put cart in front of bull..... It's difficult to get expected results....

[@satyajitganguly3135]

Going by the way things are happening even a lay person could imagine the fate of the country is going to be in 2047....It's good that Raghuram is confirming the same.

[@raghuram7654]

Need him back in our government policy

[@armstrong7008]

He is right 👍

[@arjun.islampur]

According 2 Rajan Sir After The 👍💯 End Of 👍 His Tenure As Governor Of 👍 RBI Everything Happening is ✨ Worst 👎

[@rravisankar3355]

There is vacancy for a governor, central bank comming up in Syria. Afterall the country has emerged from dictatorship to the inclusive pluralistc, transparent and democratic leadership. Dr Rajan may render his services!

[@oflavia2910]

Why don't journalists interview the state govts, and various industry ministers, bureaucrats to find out how they plan to grow toward viksit???

[@philipdsilva8517]

Vikashit Bharath 2047 is another Jumla like doubling of agri income , unemployment - 2 Cr , housing for all , beti padav beti bachav, etc and maxi amt is spent on branding of scheme and a man, than actual implementation of schemes.

[@anilshet8524]

I always see Raghuram Rajan complain but what is the solution is he proposing for India to grow above 7%

[@jhaadu]

India needs talent based development. No reservation for less talented. If you suppress talent , dont imagine Viksit bharat

[@kasimallabhargav2219]

We should not look at countries as examples as our country is completely different from theirs we have such a huge population

[@ashwwal3409]

This man wants India to remain dependent on others and do servicing work for others . India should focus on both fronts for all Indians .

[@RKV8527]

RRR used to make fun of India as a " Hindu growth rate" While many Islam and Christian nations have collapsed into recession several times

[@satvikhegde325]

We r also going to collapse don't worry

[@aadeshmehta]

Getting lots of background noise from vehicles.. Need better setup

[@oflavia2910]

The 2026 delimitn will be game changing for Indian politics and why don't they split the federal parts joined by Indian Union like European Union.

[@suhasshetty4563]

Last mile training should be the priority focus to get that extra 1 1.5% growth 💯

[@Vikasliberal]

I mean Narendra Modiji has to be one of the most prominent P.M. that our people has ever elected. In his first term we came across many positive changes. I don’t know whether demonetisation helps RBI regulate black money back to India or not. Am not sure about that. But what am pretty sure is that our economy is booming in several sectors such as Services, infrastructures and industrial sectors, and international recognition as well. Even though the growth and management in Agricultural sector was not much to satisfactory. From my perspective what went wrong was in his second term, when they started to decentralised the public sector in most of the public undertakings. And introduced Made in India policy, i mean that’s not bad it is giving first priority to Indian Companies and industries to produce and export more. I am sure they are creating jobs but not enough with booming population at this rapid rate. No foreign companies wants to invest in india with risk because our country taxes policy and tariffs are way too high, that is why no foreign companies want to take big risks when it comes to investment. When the US and the west started to shift its production factory from china to other destinations Indian policymakers should have grab the opportunity by relieving certain tariffs and taxes that our government has imposed. With these much population and low labour costs we are in need of this opportunity. Yet after post covid the world has suffered with many things such as wars and conflicts that hits india as well. And yet Modi government keep saying that India is doing good in every field which was a lie. With government incurring losses they keep on introducing multiple taxes inspite of inflation. Our rupee is all time low and loss of balance. Is it not to blame to any political parties or regime but it seems to me that our present government is more targeted towards religious and race issues. In every parliament discussion They keep on blaming Congress regime i mean that’s gone it’s in the past now they came into power it’s their duty to make things right. Indian’s are suffering until and unless these regime started to put more efforts on the welfare and development of Indians. Our country economy may collapse. More power and wealth keeps on flowing into the hands of cooperates. I hope every Intellectuals Indian are also having the same question.

[@SpSingh-jv3ne]

India Inc spends more buy back shares rather than putting their profits investing in CAPEX . Thus, manufacturing is not offering few good quality jobs and people are going back to rural India. The jobs are limited to construction and agriculture.

[@sachinshankar8545]

I agree with a lot of things he said but I disagree that we shouldn't focus on manufacturing and particularly manufacturing semiconductor chips. Some of the manufacturing might not be labour intensive but others are, like traditional district products like textile, msme products etc. Even capital intensive manufacturing which are tech driven need attention because we can't fall behind in becoming a part of important global supply chains which are essential for national security and innovation. And capital intensive manufacturing creates capital for both govt and the country as a whole which can then be redirected in other labour intensive sectors for their revitalisation and job creation. Focusing on manufacturing doesn't mean we stop focusing on Services. Also undermining infrastructure creation would be ludicrous as it is the backbone of any economy.

[@aadityachourasia2124]

Swamy said hi raghu😂😂😂😂😂

[@shankarramansethuraman3742]

The real numbers if GDP growth is to be real acceptable to all. Otherwise suppressing the numbers is very dangerous to the nation

[@cooldjk]

Deflator used changes the game

[@arjun.islampur]

If Ex SC CJI is ✨ Seen in A 👍 Pic 🖼️ With PM Then Many Questions Rise.. When He Joins RG in His Rally Then it's Shown "Completely Fine" 👏👏👏

[@WBSchoolOfMaths]

In previous he has made many prediction of collapse of indian economy many times . Anyone can visit his old interview available on youtube

[@ravindradesai1520]

Chips are a must. We have neglected this for an unreasonable timeand are over dependent on import. This is not good in the long term. A country of India's size and economy has to have this capacity to fulfill its needs. In case of war and conflicts this will come handy. Whats is the use of having is the largest force of IT and AI workers.

[@tirupathiraokarpurapu2264]

The other day he blamed UPA government under Sonia Ghandey is responsible for raising Non Performance Assets.

[@Mr.Coffee576]

Where is the usual BJP IT Cell ? Usually we see them whenever Mr Raghuram Rajan speaks. Could it be they were also affected by unemployment too ?

[@cooldjk]

Damn😂

[@eudee21]

Mr Rajan is right. Viksit bharat is just a phrase. All the data published by the government are false. There is no effort to create jobs. People are living on Govt hand outs. And there is no end in sight for a change.

[@poorchef1895]

India's economic growth dipped to some 5% in last quarter. We shouldn't normalize that

[@kamakshinathan7143]

This genious said that India should not enter into manufacturing sector and concentrate only on service sector for its development. Mr. Rajan wants china alone in manufacturing area. Great expert. 😂😂😂😂

[@ashishverma9215]

Absolutely correct Rajan Sir. Actually everyone is not aware of the upcoming reality, only Andhbhakt trail only future programs

[@sudhansudas8543]

Where is the plan? Where are the efforts?

[@Bozosri]

India definitely needs more good jobs, but nobody ever gives a solution as to what the government should be doing, what policies are needed at both the federal and state level to create good quality jobs.. Indian youth is not skilled and it is down to the education system that produces a labour force with no applicable skill set.. also there needs to be a change in attitude whrre only AC office white collar jobs are looked upon as respectable jobs and blue collar jobs like trade jobs, retail service jobs and blue collar jobs are looked down upon...

[@sundareshanal1849]

It is almost as though ( according to RR) no one in the government or the PMEC or the NITI AYOG is serious about outcomes , or that the numerous initiatives on infra, governance, reforms on banking, FDI etc. is working. Thats a huge indictment. There is a terrifick effort ,360 degrees, on the structural foundations which will result in long term outcomes. Govt is going flat out but has not recd corresponding effort and faith in investing from the private sector. The first ten years of NDA are gone in cleaning up the floor level muck . It will slowly start yielding results. The global scenario is bleak. China is over producing and dumping. Demand is tepid and confidence post covid is still low. We need a decade more to build a stronger base on which to catapult ourselves.

[@bhikariman-sigmamale]

More jobs, higher quality jobs don't satisfy government job aspirants. Because higher quality jobs don't let you go without doing any work.

[@islandr-di1uz]

100%.