Raghuram Rajan's Insight: India Should Prioritize Job Creation Over Interest Rate Cuts

In a recent interview, former Reserve Bank of India Governor Raghuram Rajan emphasized the critical need for India to reevaluate its economic strategies, particularly in how it approaches job creation in contrast to reliance on interest rate adjustments. Rajan, who is also a professor at the University of Chicago Booth School of Business, addressed the pressing issue of employment during a time when the Indian economy faces various challenges, including inflationary pressures and global economic uncertainties.

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