Former RBI governor Raghuram Rajan is only the latest to sound a warning about slower economic growth next year. There are various reasons for this but, at a fundamental level, India hasn’t implemented the reforms it should have to support small businesses and manufacturing. With exports, especially, the lack of a stable policy is worrying. Slowing growth has a profound impact on you, from employment insecurity to less money for public services like healthcare and tougher access to credit. Please listen to the latest episode of All Indians Matter.
Expect more economic pain in 2023
Former RBI governor Raghuram Rajan is only the latest to sound a warning about slower economic growth next year. There are various reasons for this but, at a fundamental level, India hasn’t implemented the reforms it should have to support small businesses and manufacturing. With exports, especially, the lack of a stable policy is worrying. Slowing growth has a profound impact on you, from employment insecurity to less money for public services like healthcare and tougher access to credit. Please listen to the latest episode of All Indians Matter.