Ask Mr Piketty where can he find an example of a wealth tax that raised enough money: Raghuram Rajan

#theprintuninterrupted
Raghuram Rajan opens up about his time as the governor of the Reserve Bank of India, the relative advantages of a civil servant in the role, the concerns about low private investment, the issues with a wealth tax and the outlook for the Indian economy, among many other topics. In conversation with Deputy Editor TCA Sharad Raghavan.
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1:16 - What led to the bad debt crisis in India

5:02 - Potential problems in Indian banking right now

8:16 - The problem with private sector investments

10:55 - Whether RBI’s repo rate policies are working

16:09 - Are civil servants better RBI governors?

18:59 - India’s troubles in the Trump world

25:08 - How to encourage private investments in India

28:07 - The need to move away from low-skill manufacturing

31:17 - Why India’s workforce needs remedial training

34:15 - Does a wealth tax work?

37:51 - Why malnutrition is going to hold India back

40:04 - Are freebies genuinely useful?

43:40 - The feeling of predicting the Global Financial Crisis

49:20 - Outlook on the Indian economy
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