Raghuram Rajan, former governor of the Reserve Bank of India (RBI), speaks during a Bloomberg Television interview at the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Thursday, Aug. 23, 2018. Photographer: David Paul Morris/Bloomberg
India’s GDP Data Should ‘Alarm’, Says Raghuram Rajan
Former Reserve Bank of India Governor Raghuram Rajan said India’s GDP data should “alarm” all of us. The reported 23.9% contraction in the economy is likely to be even worse when informal sector da...