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Economics

India Needs 8%-8.5% Growth to Create Enough Jobs, Former RBI Governor Says

Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and professor at University of Chicago Booth School of Business, speaks during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on Thursday, Aug. 25, 2022. Federal Reserve officials stressed the need to keep raising interest rates even as they reserved judgment on how big they should go at their meeting next month. Photographer: David Paul Morris/Bloomberg
Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and professor at University of Chicago Booth School of Business, speaks during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on Thursday, Aug. 25, 2022. Federal Reserve officials stressed the need to keep raising interest rates even as they reserved judgment on how big they should go at their meeting next month. Photographer: David Paul Morris/Bloomberg
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