Raghuram Rajan Questions Official GDP Data, Says ‘How Can We Grow at 7% and Not Have Jobs’
“I know one minister (in the Narendra Modi government) has said (that) how can we be growing at 7 per cent and not have jobs. Well, one possibility is that we are not growing at 7 per cent,” he told a news channel.
Raghuram Rajan Says Capitalism Under 'Serious Threat', Failing to Address Economic Challenges
Former RBI governor Raghuram Rajan Tuesday warned that capitalism is under "serious threat" of a "revolt" as the economic and political system has stopped providing for the people, especially after the 2008 global financial meltdown.