Ex-RBI governor Raghuram Rajan calls slowdown in economy 'very worrisome'
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Former RBI governor Raghuram Rajan said the government needs to fix the immediate problems in power and non-bank financial sectors to come out with a new set of reforms for the private sector to invest as the slowdown in the economy is 'very worrisome.' Rajan has called for a fresh look at the way the GDP in India is calculated. India's economic growth has slowed to 6.8% in 2018/19, slowest pace since 2014/15.