Raghuram Rajan Joins Bharat Jodo Yatra, Predicts Difficult Year Ahead for Indian Economy
News 18Former governor of the Reserve Bank of India Raghuram Rajan, who joined Rahul Gandhi's Bharat Jodo Yatra on Wednesday, said the next year will be difficult for the Indian economy as also for the rest of the world and the country failed to "generate reforms" needed for growth. When the Congress leaders claimed that "only four to five industrialists are getting richer, the rest of the country is behind and a set of industrialists have a separate 'Hindustan' while the farmers and others have another 'Hindustan", Rajan said this is a big problem but it is not about capitalists. The BJP took a swipe at Rajan over his joining the Yatra in Rajasthan and said his commentary on India's economy should be discarded with "disdain" as it is "coloured and opportunistic". India's inflation problem is more commodity inflation problem and that is also going to be negative for growth," Rajan said.