Raghuram Rajan Slams Modi's Economic Claims.!
Former RBI governor Raghuram Rajan recently made critical comments ahead of the crucial parliamentary elections, particularly addressing prime minister Narendra Modi's assertions about the indian economy. Rajan dismissed Modi's claims of a robust economy, labeling them as mere propaganda. He emphadata-sized that it would be a mistake to believe that india is currently the world's fifth-largest economy, highlighting important structural issues that need addressing for holistic growth.
Rajan underscored the pressing need for workforce education and skill enhancement, warning that without tackling this challenge, unemployment would persist among the youth. He criticized the Modi government's campaign on economic growth, suggesting that achieving genuine progress would take much longer than claimed. He cautioned against politicians' attempts to manipulate public perception, urging people not to fall for such propaganda.
Furthermore, Rajan questioned Modi's ambition to transform india into a developed economy by 2047, citing the prevailing challenges such as inadequate education and rising dropout rates among children. He stressed the importance of providing employment opportunities to the workforce, criticizing the lack of concerted efforts in this regard.
Rajan's remarks reflect his ongoing scrutiny of the Modi government's policies, indicating a broader concern about the direction of India's economic development. As the country approaches the lok sabha elections, Rajan's critiques serve as a reminder of the need for substantive action to address underlying economic issues and ensure inclusive growth.
Rajan underscored the pressing need for workforce education and skill enhancement, warning that without tackling this challenge, unemployment would persist among the youth. He criticized the Modi government's campaign on economic growth, suggesting that achieving genuine progress would take much longer than claimed. He cautioned against politicians' attempts to manipulate public perception, urging people not to fall for such propaganda.
Furthermore, Rajan questioned Modi's ambition to transform india into a developed economy by 2047, citing the prevailing challenges such as inadequate education and rising dropout rates among children. He stressed the importance of providing employment opportunities to the workforce, criticizing the lack of concerted efforts in this regard.
Rajan's remarks reflect his ongoing scrutiny of the Modi government's policies, indicating a broader concern about the direction of India's economic development. As the country approaches the lok sabha elections, Rajan's critiques serve as a reminder of the need for substantive action to address underlying economic issues and ensure inclusive growth.