WEF Davos | Rupee, Jobs & Growth: Raghuram Rajan’s Take On India’s Economy

Business Today January 21, 2025
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At the World Economic Forum in Davos, Raghuram Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance at The University of Chicago Booth School of Business and former Reserve Bank of India Governor, sits down with Rahul Kanwal, Executive Director of Business Today, for a chat on India’s economic challenges. Rajan addresses concerns about India’s recent GDP slowdown, which has fallen to its lowest rate in four years. He emphasizes the worrying lack of demand consumption among the lower middle class, attributing it to weak job creation. While steady growth at 6% may appear stable, Rajan stresses that it falls short of harnessing India’s population dividend and meeting its economic aspirations. The conversation also explores the Indian Rupee’s historic decline against the US Dollar. Rajan provides a balanced perspective, explaining how the depreciation is more a result of a strengthening Dollar than domestic economic issues, though the situation calls for prudent policy measures. #DavosBrainstorm2025 #Davos2025 #DavosWithBT #WorldEconomicForum #ArtificialIntelligence #BusinessToday #RisingTelangana #CMRevanthDavos2025 #IndianRuppee #Raghuramrajan #KatherineDusakMiller #USDollar #IndiaEconomy ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/

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