Raghuram Rajan: India in growth recession; extreme centralisation of power in PMO not good

CNBC-TV18 2019-12-09

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Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a "growth recession" with signs of deep malaise in the Indian economy that is being run through extreme centralisation of power in Prime Minister's Office and powerless ministers.

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