logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

'Indian economy will struggle to achieve 5 percent growth next year': Raghuram Rajan to Rahul Gandhi

By IBNS
Dec 15, 2022..

Former Reserve Bank of India (RBI) Governor Raghuram Rajan, who participated in Congress top leader Rahul Gandhi's Bharat Jodo Yatra a day ago, spoke on the country's economy post Covid-19 pandemic in a conversation with the Wayanad Lok Sabha MP.


Speaking to Gandhi, Rajan said, "We would be lucky if we do 5% next year. See the problem with the growth numbers is that you have to understand what you are measuring with respect to. If you had a terrible quarter last year and you are measuring with respect to, you look very good."

"So ideally what you is look before the pandemic, in 2019, and look at now. And if you look at 2022 vis-a-vis, it's about 2% a year. That's too low for us," he added. (sic)


Throwing light on the economic divides, Rajan said, "So, this divide increased during the pandemic. Rich had no problem, the lower class got ration and other things but the lower middle class had a big damage. There were no jobs, unemployment increased."

The former RBI Governor also felt the country lacked reforms which are essential for growth.

Rajan, a critic of the Modi government's controversial demonetisation move, joined the yatra at Sawai Madhopur in the Congress ruled state on Wednesday.

Leave a Reply
Post comment
Related News
Kashmir: Terrorist killed, encounter with two others underway in Awantipora
May 15, 2025..
Centre issues notices to Amazon, Flipkart over sale of Pakistani flags, merchandise
May 14, 2025..
'Gutter language': Madhya Pradesh HC slams minister's remarks on Col Sophia Qureshi, orders FIR
May 14, 2025..
'Gutter language': Madhya Pradesh HC slams minister's remarks on Army Colonel, orders FIR
May 14, 2025..
China’s arms export ambitions jolted as India’s Operation Sindoor exposes weaknesses in Pakistani arsenal: Report
May 14, 2025..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved