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Raghuram Rajan: China's economic growth as inspiration

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    We should see China as an inspiration : Raghuram Rajan

    Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan said India should see China as an inspiration and not competition.

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    at an interactive session organised by industry body Assocham. at an interactive session organised by industry body Assocham.

    An inspiration as to what a country could achieve in three decades," said Rajan

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    Raghuram Rajan being presented a memento at ASSOCHAM

    According to Rajan, Indian is currently where China was in 1999 or 2000s and should hope to be where it is in the next 10-15 years.

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    Raghuram Rajan was responding to a question on China

    China has achieved seven and a half thousand dollars per capita income in three decades time.

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    Raghuram Rajan at ASSOCHAM

    I don't speculate on whether we will catch up and when, but certainly we can," he added

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    Raghuram Rajan during ASSOCHAM industry and trade interactive meet

    he clarified that he would be the last person to suggest "we need to follow what they followed", as they have already done that and are occupying that place.

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    RBI Governor Raghuram Rajan at ASSOCHAM

    hoped that India could reach where its neighboring country is in the next 10 to 15 years.

  • Raghuram Rajan, RBI Governor, China as inspiration, ASSOCHAM, Reserve Bank of India, per capita income
    Raghuram Rajan on when would India catch up with China.

    Raghuram Rajan on when would India catch up with China.

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