INDIA'S ECONOMIC GROWTH HELD BACK DUE TO DEMONETISATION, GST: RAGHURAM RAJAN

Washington: Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back Indias economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the countrys needs. Addressing an audience at the University of California in Berkley on Friday, Rajan said for four years -- 2012 to 2016 -- India was growing at a faster pace before i...

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Raghuram Rajan PhotoRaghuram Rajan: Raghuram Govind Rajan is an Indian economist who has been appointed the next Governor of the Reserve Bank of India. He also serves as Eric J. Gleacher Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago. Rajan is also a visiting professor for the
- Raghuram Rajan Wikipedia
India: India , officially the Republic of India [c], is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-wes
- India Wikipedia
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