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Ex-RBI governor Raghuram Rajan calls slowdown in economy 'very worrisome'

Shortpedia

Content Team

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.