Worst Decision Of RBI, Demonetisation, PM Modi & Indian Economy - Dr. Raghuram Rajan | FO151 Raj Shamani
Raj Shamani's Figuring Out
Comparing PM Singh and PM Modi
A discussion about the analytical strengths of PM Singh and the persuasive abilities of PM Modi, highlighting their different approaches to understanding the economy and making decisions.
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In today’s episode of Figuring Out, we have Raghuram Rajan in conversation with Raj Shamani. He is an Indian Economist and has served India as 23rd Governor of RBI. Currently, he is serving as Vice- Chairman at the Bank for International Settlements.
In this episode, we talked about what is the role of RBI Governor, what’s the actual reason behind inflation, how to keep it under control and why 2000 rupee notes were banned. He also shared his views on P.M Modi and Manmohan Singh. We also talked about his new book ‘Breaking the Mould’ and discussed my favourite chapter from that book. We then discussed the India Canada controversy and his views on it. I asked him which are the three countries according to him that could be at the top in the coming years and the countries he named were something I never expected but as he explained, everything made sense.
Towards the end I asked him what did America and China do right and become so successful and what is India doing wrong to not reach where it should have reached by now. We also talked about how much an RBI Governor earns on an average and this answer will shock you for sure! We ended with discussing 3 financial tips that every young India should know and follow. This episode is a gold-mine of knowledge for every Indian. If you love this episode, then don’t forget to subscribe to our channel, we come up with new episodes every Wednesday and Saturday.
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