I discuss why Raghuram Rajan is pessimistic about India's future GDP growth rate, noting that the private sector is unwilling to invest and the RBI is still hiking rates. He believes that the government needs to encourage corporate India to invest more and that the Production Linked Incentive (PLI) scheme for the manufacturing sector needs improvement. The video also touches on criticism of the government and the challenges India faces in achieving higher growth rates. I also explain a reference made by him to “Hindu rate of growth” & what it signifies
Business Headlines: Raghuram Rajan Questions the Government on Economy & Adani| Hindu Rate Of Growth
I discuss why Raghuram Rajan is pessimistic about India's future GDP growth rate, noting that the private sector is unwilling to invest and the RBI is still hiking rates. He believes that the government needs to encourage corporate India to invest more and that the Production Linked Incentive (PLI) scheme for the manufacturing sector needs improvement. The video also touches on criticism of the government and the challenges India faces in achieving higher growth rates. I also explain a reference made by him to “Hindu rate of growth” & what it signifies
