Tag: Former RBI governor

NEW DELHI: India’s economy is showing signs of steady growth but needs to expand at a pace of over 8% to create enough jobs for the world’s most populous nation, former Reserve Bank of India governor Raghuram Rajan said.“We should be going at 8%-8.5% given the needs of the population and the need for jobs,” Rajan said via video link at an event in Beijing on Friday.Economic growth at 6%-6.5% is strong compared with other countries, “but relative to our need for jobs I think it’s still somewhat...