Raghuram Rajan Questions Whether India’s High GDP Growth Reflects Ground Reality
Published on: June 12, 2026, 3:14 p.m. | Source: Free Press Journal
Former RBI Governor Raghuram Rajan expressed doubts over India’s reported 7.7% GDP growth, citing weak corporate investment and declining foreign capital inflows. He argued that investment and business behavior do not align with official growth figures, highlighting gaps in manufacturing, employment, and a clear economic roadmap beyond 2047 development goals
