-
"What is important is to not personalise this office. It will survive any Governor, it is bigger than any Governor," the Economist magazine quoted Raghuram Rajan as saying in its latest edition. (Reuters)
-
1. Raghuram Rajan speech: "As a central banker who has to be pragmatic, I cannot get euphoric if India is the fastest-growing large economy. Our current growth certainly reflects the hard work of the government and the people of the country, but we have to repeat this performance for the next 20 years." (Reuters)
-
2. Raghuram Rajan speech: "We cannot get carried away by our current superiority in growth, for as soon as we believe in our own superiority and start distributing future wealth as if we already have it, we stop doing all that is required to continue growing. This movie has played too many times in India's past for us to not know how it ends." (Reuters)
-
3. Raghuram Rajan speech: (Rajan defended a comment in which he compared India's fast-growing economy to being a 'one-eyed king in the land of the blind' [aandho ke beech kaana raja] – which was seen by some government officials as denigrating India's success.) "Speakers have to be more careful with words and not be gratuitously offensive. At the same time, listeners should not look for insults everywhere, and should place words in context so as to understand intent."Rajan warns against 'euphoria' over fastest-growing tag. (Reuters)
-
4. Raghuram Rajan speech: Stating that the per-capita income of Indians remains lowest among BRICS, Rajan said, "We have a long way to go before we can claim we have arrived. We need to repeat this performance (economic growth) for 20 years before we can give each Indian a decent livelihood." (Reuters)
-
5. Raghuram Rajan speech: India's global reputation holds great promise, but is seen as a country that has under-delivered and that it should "implement, implement, and implement" structural reforms. He said India is yet to achieve its potential growth though it is on the cusp of that and a substantial pick-up in growth can be achieved with pending reforms. (Reuters)
-
6. Raghuram Rajan speech: ('One-eyed king' comment) "… every word or phrase that a public figure speaks is intensely wrung out of meaning. When words are hung out to dry out of context as in the newspaper headline, it only becomes a fair game for anyone who wants to fill in, meaning to create mischief". (Rajan's remarks had upset both FM Arun Jaitley and Commerce Minister Nirmala Sitharaman.)
-
7. Raghuram Rajan speech: "My intent in saying it ('blind' remark), and it was an off-hand comment, was to signal that our outperformance was accentuated by the world's weak performance. But we are still hungry for more growth. I then explained that we are not yet at our potential, though we are at the cusp of a substantial pick-up in growth given all the reforms that are underway." (Reuters)
-
8. Raghuram Rajan speech: "We are often compared with China but the Chinese economy, smaller than us in the 1960s, is now 5 times our size. The average Chinese citizen is over four times richer than the average Indian".
-
9. Raghuram Rajan speech: "The Centre and states have been creating a platform for strong and sustainable growth, and I am confident the payoffs are on their way, but until we have stayed on this path for some time, I remain cautious." (Express Photo)
-
10. Raghuram Rajan speech: Calling for a culture of better and more rational public dialogue, he said, "but few read beyond the headlines. The interview became moderately controversial, with the implication that I was denigrating our success rather than emphasising that we need to do more." (Reuters)
‘Delete LinkedIn post or face notice’: Employee says ex-company threatened him for calling out ‘unethical practices’
