Economic growth in India at 8-9% over 20 yrs can solve social issues: Rangarajan
Economic growth: According to Rangarajan, in the industrialised world growth happened first, followed by provision of social safety nets. "But, that is not possible in the 21st century. It is not possible to say let's grow and then we will take care of the other things. We need to combine growth with the need to take care of the vulnerable and the disadvantaged," he said.
India needs to grow at 8 to 9 per cent for the next two decades to be able to address problems related to poverty and healthcare, among others, former RBI Governor C Rangarajan said. Image source: m