Three years back, there was lack of confidence about the Indian economy, the sentiment was low, rupee was nose diving and the inflation was at all time high.
After Rajan took the reins in his hands, the Indian economy flourished and now is one of the fastest growing economies of the world.
When the former chief economist of
Today, India is at this juncture due to Rajan’s and his team’s concentrated efforts that pulled the country out from lower rungs and saved us from Lehman-like crisis.
In these three years, Rajan worked with
As he bids adieu to the RBI chair, here are some of his significant approaches that set India on a growth trajectory.