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Rajan pitches for greater trade collaboration across borders in South Asia

Wednesday, January 23, 2019, 7:58 PM

Former RBI Governor Raghuram Rajan made a-strong-pitch for greater trade collaboration among countries in South Asia, including India and Pakistan, and said neighbours should shed fears about Indian dominance-as-competition would take-care of those concerns. "We have seen Germany and France used to be at each-other's throat but they began collaborating after second-world-war in sectors like coal and steel and reaped good dividends," Rajan said.
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Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan

Monday, December 17, 2018, 8:54 PM

Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to government may bring down rating of central bank. Rating downgrade of the RBI from 'AAA' would make borrowing costlier for central bank and will have implication for entire economy. This is something both government and RBI should discuss before reaching some conclusion, he told a leading news channel in an interview.
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Raghuram seeks abolition of farm loan waivers from election manifestos

Saturday, December 15, 2018, 5:55 PM

Former RBI Governor Raghuram Rajan has said farm loan waivers should not form part of poll promises. "I have written a letter to Election Commissioner saying that it (farm loan waiver) should be taken off the table," Rajan added. Farm loan waivers create "enormous problems" for state finances and the benefits "often go to the best connected", he further said.

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