#theprintuninterrupted
Raghuram Rajan opens up about his time as the governor of the Reserve Bank of India, the relative advantages of a civil servant in the role, the concerns about low private investment, the issues with a wealth tax and the outlook for the Indian economy, among many other topics. In conversation with Deputy Editor TCA Sharad Raghavan.
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1:16 - What led to the bad debt crisis in India
5:02 - Potential problems in Indian banking right now
8:16 - The problem with private sector investments
10:55 - Whether RBI’s repo rate policies are working
16:09 - Are civil servants better RBI governors?
18:59 - India’s troubles in the Trump world
25:08 - How to encourage private investments in India
28:07 - The need to move away from low-skill manufacturing
31:17 - Why India’s workforce needs remedial training
34:15 - Does a wealth tax work?
37:51 - Why malnutrition is going to hold India back
40:04 - Are freebies genuinely useful?
43:40 - The feeling of predicting the Global Financial Crisis
49:20 - Outlook on the Indian economy
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