India s former central bank Governor Raghuram Rajan warned that India s strong economic growth is overshadowed by structural challenges like poor education and skills. Rajan said there is urgent need for workforce improvement to harness the potential of the young population.
India is making a big mistake believing the "hype" around its strong economic growth since there are significant structural problems that need to be fixed for the country to meet its potential, former central bank Governor Raghuram Rajan said.
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Former RBI governor said that his interactions with leaders of political parties were on the prevailing economic climate in India, coupled with their aspirations for future prospects.
Writing on LinkedIn on Friday, Raghuram Rajan said that he had not held any discussions about taking up a seat in the Rajya Sabha and did not look at himself as a politician.