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Kanika Datta
The idea of becoming a manufacturing export powerhouse like China, as the vision in the latest Budget suggests, may not be feasible for India, former Reserve Bank of India governor Raghuram Rajan has argued in a paper co-authored with Rohit Lamba. Instead, they recommend that India should strengthen its position in services. Is this a workable strategy for faster growth? The top edit outlines the pros and cons. Read it here

In other views:

Arvind Subramanian and Josh Felman examine the options for India as a high fiscal deficit and interest burden signal the return of monetary

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First Published: Feb 23 2022 | 6:30 AM IST

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