Former RBI governor Raghuram Rajan was in Delhi on Thursday for the launch of his book ‘I Do What I Do’. Photo: PTINew Delhi: Former Reserve Bank of India (RBI) governor Raghuram Rajan on Thursday said that the export-led growth strategy of the Narendra Modi government as part of its Make In India campaign has been a failure so far. “One of the things that was implicit in the Make In India campaign was that we are going to get export-led growth for the next few years. That export-led growth thus far measured by exports is a failure,” Rajan said, speaking at the launch of his book I Do What I Do, following a year of self-imposed silence after leaving office in September last year. The former RBI governor said infrastructure projects like Delhi Mumbai Industrial Corridor (DMIC) need to be fast-tracked.

Source: Mint September 07, 2017 17:26 UTC