Wednesday, August 13, 2014

RBI's Rajan Takes on Crony Capitalists

RBI's Raghuram Rajan has taken aim at crony capitalism, which he believes is sapping India's economic strength:

http://www.bloombergview.com/articles/2014-08-12/taking-on-india-s-crony-capitalists

4 comments:

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Samhita Mahajan said...

Rajan takes on Modi. That should be the title. I am sure you didn't read the content completely.

Typical progressive taqiyya from anti India and anti Modi band. Rajan's rant goes so picturesque high on cronyism, but the article tactfully brings in Modi as a symbol of Spectrum and Land corruption, which actually was Congress.

A new type of 'bigger lies' journalism is about to begin. Anti Modi articles are mushrooming here and there.

non-carborundum said...

Crony capitalists are preferable to globalists. Rajan is too keen to get foreign banks in.

nutwit said...

The article seems to take a dig at NaMo. Bloomberg isnt exactly friendly to India, unless it serves its purpose. Had Raghuram Rajan really been a Holy cow, UPA wouldnt have appointed him.