Reshape Indian economy by ‘servicification’ of manufacturing
While India’s labour force participation rate (LFPR) has continued to increase over the last 5 years, it is important to look at the quality of jobs being created.
raghuram rajan
April 2024
January 2024
December 2023
June 2023
May 2023
March 2023
Embrace Volatility In New Year
A cocktail of buoyant GDP growth, benign inflation and business-more-than-usual have created a feel-good factor in 2023 — now brace for volatility in the New Year.
“India may have to bear some headwinds next year”
Raghuram Rajan and Rohit Lamba underline a policy need to focus on ‘high-skilled service’ and ‘service embedded into manufacturing’ as an economic model for India’s growth.
Political leadership should think beyond elections, plan long term on jobs: Rajan
Rajan and Economist Rohit Lamba argue that India needs to overcome the ‘China fetish’ and carve a niche where its competency lies rather than vying for a pace in low-skilled manufacturing.
US slowdown coming, will create global ripples: Raghuram Rajan
Former RBI governor mentions it is difficult for the US Federal Reserve to engineer a soft landing, kicking off a ripple globally, which may create headwinds for India next year.
Public investment led to strong GDP in H1 FY24: Raghuram Rajan
Rajan raises questions on medium-term growth of Indian economy, specifically referring to slowing FDI inflows since 2021, elusive private sector investment
Need structural reforms, investment in human capital for growth: Raghuram Rajan
Former RBI governor Raghuram Rajan says India is doing fine on the monetary side but needs to undertake structural reforms with investment in human capital.
'Half-truths, falsehoods': Rajeev Chandrasekhar on Raghuram Rajan's criticism of PLI scheme for mobile phones
Union minister says Rajan passes off PLI as some sort of largesse, and that nothing could be further from the truth
Mobile phone makers only assembling in India under PLI scheme: Raghuram Rajan
India Cellular and Electronics Association (ICEA) last month said that mobile phone exports in India surpassed ₹90,000 crore in FY23 from ₹45,000 crore in FY22, mainly driven by the PLI scheme.
Hindu rate of growth argument ‘ill-conceived, biased’: SBI on Raghuram Rajan's remarks
Quarterly growth numbers are noisy and should be best avoided for any serious interpretation, says the SBI Research note
