Economics

Indian Central Banker Ranges Far From Monetary Policy to Shape Nation's Debates

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Indian central bank Governor Raghuram Rajan has plenty of ideas on how Prime Minister Narendra Modi should boost economic growth, and he’s not afraid to share them.

Since Modi won elections in May, Rajan has criticized the nations’ tycoons, called for direct cash transfers to the poor, urged deregulation of diesel prices and advised against subsidizing exports as part of “Make in India,” the prime minister’s flagship plan to boost local manufacturing.