Davos: ‘She handles a very tough job’ – Fm Nirmala Sitharaman Doing A Tough Job, Ex-rbi Guv Raghuram Rajan…
– Photo: Social networks
Former Reserve Bank of India Governor Raghuram Rajan made a big comment on Finance Minister Nirmala Sitharaman at the World Economic Forum summit in Davos. In a chat with a private channel, Rajan said Sitharaman was carrying out a very difficult task.
Raghuram Rajan who has been critical of most BJP led central government policies said about Finance Minister Nirmala Sitharaman that she is doing a hard job so it is me who rates her job as good or bad . the.
In Davos, when a journalist asked Rajan what rank he would give Finance Minister Nirmala Sitharaman? So he said I can’t classify it, I’ve never done that. She said she was doing a hard job, so I can’t give any ranking to the person doing the job.
Raghuram Rajan said the real concern was with the lower middle class. According to Rajan, the biggest concern of economics is with this class. There is a lack of jobs here. Big companies are doing well. He repaid his loan even during the pandemic. Banks also wrote off their bad debts. In such a situation, banks and large companies are ready to move forward. But the problem is with the lower middle class.
Some of them even lost their jobs during Corona. Small and medium industries have not been able to perform well. Although he also said he was trying to get better again, he comes back. To have a growth rate of 7% this year is fantastic.
He said that at the beginning of the current fiscal year, we had good growth, but in the following months the rate of growth slowed down a bit. We’re down to 5%, which is worrying. Looking at the fears of a global recession, it looks like it will drop below five percent and that is cause for concern. So we cannot be satisfied.