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Economy

Govt has political strength to undertake reforms but it hasn't done it so far, says Raghuram Rajan

Updated : October 31, 2019 10:21 AM IST

"India needs far stronger growth but it is not going to come from tinkering," said Rajan.
"The recapitalization has been done but it also has to be done in the non-bank financial sector which is ceasing up and you need to clean-up, get the financial system going again if you want stronger growth,” he added.
The former RBI governor said that the country has witnessed substantial economic slowdown.
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