Being 5th largest economy impressive but per capita income must rise: Former RBI chief
At the 13th Convocation of the ICFAI Foundation for Higher Education, Rangarajan said post Covid-19 and the Russia-Ukraine war, there is a need to lay down a clear roadmap for India's future development and the first and foremost task is to raise the growth rate.
"India becoming the fifth largest economy in the world is an 'impressive achievement," former RBI Governor, image credit: Reuters