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

Raghuram Rajan Interview: In this interview with The Indian Express' Udit Misra, former RBI governor Raghuram Rajan breaks down pressing challenges for India's economy to become a developed nation. In this comprehensive conversation, the economist gives an assessment of India's growth rate, unemployment, banking system, demographics, government spending and international trade.

#raghuramrajan #IndianEconomy #Indiangdp #rbi

Can India become a developed nation by 2047? Did the RBI fall behind the curve to control inflation? How can internal immigration boost the economy? Can India take the advantage of China Plus One strategy? How will Donald Trump's presidency and tariff imposition affect India? How will the rupee perform against the dollar? Raghuram Rajan answers these and much more.

00:00 - 00:38 - Precap
INFLATION:
00:38 - 3:10 - India’s inflation problem
3:10 - 5:07 Inflation v/s Affordability
5:07 - 5:55 - What could the government do to control inflation?
5:55 - 7:22 - Is the economy creating enough jobs?
BANKING:
7:22 - 9:05 On Non-Performing Assets (NPA)
9:05 - 10:35 - Does writing-off loan forgive borrower?
10:35 - 11:44 - Why GDP faltered in 2024?
GROWTH & DEMOGRAPHICS:
11:44 - 12:18 - Is 6% growth rate enough?
12:18 - 13:23 - Post-Covid growth rate
13:23 - 13:56 - What is our growth? 4% or 6%?
13:56 - 14:26 - Corporate investment tepid
14:26 - 15:01 - 4% growth is deep recession
15:01 - 15:35 - India’s sweet spot: population dividend
15:35 - 16:01 - On Viksit Bharat 2047
GOVERNMENT SPENDING:
16:01 - 17:59 - Are Government doles worrying?
17:59 - 18:56 - Importance of human capital investment
18:56 - 20:30 - Do we need more children for economic growth?
20:30 - 21:46 - On internal immigration
GOODS & SERVICES TAX (GST):
21:46 - 22:45 - Has GST worked out as planned?
22:45 - 23:34 - Can the govt. cut GST substantially for demand boost?
23:34 - 24:18 - Lower/Upper middle class inequality
UNION BUDGET 2025:
24:18 - 26:48 - What should the Union Budget 2025 focus on?
26:48 - 28:44 - What does Viksit Bharat focus on?
INTERNATIONAL TRADE:
28:44 - 30:32 - How would a trade war affect India?
30:32 - 31:52 - Can we be the China Plus One?
31:52 - 32:48 - Is strong Rupee good and weak Rupee bad?
32:48 - 33:28 - How inflation will keep the Rupee in check
33:28 - 34:52 - On appreciating and depreciating the Rupee

The Indian Express covers a wide spectrum of national and international news, including daily updates, political developments, election coverage, gadget and mobile reviews, technology updates, entertainment news, Bollywood trends, sports news and public opinions on daily topics.

The Indian Express's comprehensive coverage extends to global events, providing insightful analysis on international affairs. With a focus on both Indian and global perspectives, the Indian Express delivers top-notch editorial analysis and in-depth reporting. Stay informed with the latest news, trends, explained and expert views from India and around the world.

You can search us on YouTube by: @indianexpress, indian express, indian express newspaper today,indian express newspaper,indian express editorial analysis,indian express analysis,indian express analysis today,indian express,indian express news,the indian express newspaper analysis,the indian express,the indian express newspaper analysis today,the indian express editorial analysis,the indian express newspaper.

Watch Out Our Weekly Shows:

#LatestNews #BreakingNews #EnglishNews

Subscribe to our Channel:

Subscribe to our Network Channels:

Connect with us:

[shikhar]

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.

[sherlock]

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

[popcornfewl]

Really want this man to join the government or its machinery in one way or the other regardless of the political party in power. India can’t be deprived of such great talent.

[ramyajeetsanyal]

One of the finest economic minds of India. He always talks logically and highlights real pictures of the state of the economy.

[SR-]

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..!🙏🏼

[milindpawar]

Very Informative Discussion With Ex Governor RBI Dr Raghuram Rajan Great Work By Indian Express

[shubhamtiwari]

Background traffic noise should be cleared for better audio.

[ranadas]

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.

[njain]

Absolute delight to hear Mr. Rajan speak. So much wisdom. Unfortunately many in India will ignore him because of their political leanings. Even if he is anti-Modi or Pro Congress, so what? If a learned person is suggesting something useful, listen and try to improve.

[kv]

Fully support and endorse your views Mr Rajan!! Come back in some capacity to India as we need your expert advice

[rambhattacharjee]

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

[inventacreata]

Indian economy needs more minds like him

[narainsinha]

As an economist I would respect Raghuram Rajan opinion

[ranjitsumati]

Mr. Rajan: Business has been and IS as Usual SINCE approved in 3rd term "mandate" installing the same God

[tgunasekhar]

Very insightful discussion without political tinges to the discussed topic.

[ranjit]

Traffic bgm added viewership to the interview... innovative ways...indian express...👍🏼

[jeffrylouis]

Very clear interview. Good job on the questions.

[ravikumarvenkatraman]

Indian government aims to become 100 trillion economy by taxing the middle class but not by creating high-quality jobs for the youth India.

[teresabrowne]

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

[MrUpSide]

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.