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India's economy has bright spots, 'very dark stains': Raghuram Rajan

Economist and former RBI governor fears 'scarring to the middle class' after pent up economic demand ends.

Raghuram Rajan put in place a series  of actions to impose greater financial discipline on banks and forced them  to recognize stressed assets
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Raghuram Rajan says the government needs to do more to prevent a K-shaped recovery,

New Delhi
The Indian economy has "some bright spots and a number of very dark stains" and the government should target its spending "carefully" so that there are no huge deficits, noted

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 23 2022 | 11:24 AM IST

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