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  • A Raghuram Rajan-Narendra Modi team can be good news for India

    Ramani Aswath

    Member

    Updated: Oct 23, 2024
    Views: 1.4K
    (Sent by J.Shivakumaran)

    QUOTE:
    One is amused and yet troubled by the recent media discussion on the non-issue of whether Raghuram Rajan will continue as RBI Governor in case a Narendra Modi government takes over. This is a non-issue because whether we look at the matter from Modi's point of view or Rajan's. Their staying together is such an obvious win-win outcome that it is a no-brainer. Indeed,the two are made for each other and the country badly needs both of them.

    Read more at: <a href="https://www.firstpost.com/politics/why-a-raghuram-rajan-modi-team-can-be-good-news-for-india-1517903.html?utm_source=ref_article" target="_blank" rel="nofollow noopener noreferrer">A Raghuram Rajan-Narendra Modi team can be good news for India-Politics News , Firstpost</a>
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  • Kaustubh Katdare

    Administrator • May 12, 2014

    I think he will continue; because my little analysis shows that there's nothing much he (or anyone occupying his seat) can do in current scenario. A strong government itself would send out a very positive signal in the markets. While I strongly oppose 'globalisation', I sincerely hope that the next government will work on boosting the manufacturing segment in India. India once accounted for 33% of the world's trade and now we're on the closer size of nada.

    Manufacturing and exporting is bound to generate a ton of jobs for both skilled and non-skilled Indians in the next ~2 years. If Modi makes it to the PM's post with 272+; I expect a lot of revamp in the defense segment.

    Plus, I believe the railways can help boost India's economy in big time! Let railways be operated in the public-private partnership and allow private railways to run on the tracks.

    If Modi (272+) is what we're going to have; I'm 100% confident that the economy is going to get back on the track in just a few weeks.
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