India after independence, never faced a corona like problem. This is a big challenge in front of independent India according to Indian Reserve Bank’s ex-governor Raghuram Rajan. Recently in a virtual address he categorically told, India is running through very painful period. This is a challenge in front of the country from all the sides. When corona pandemic was in it’s initial stage, lockdown started with it’s challenge to economy. This year India is facing 2nd phase of corona posing crucial situation in both economical & personal field. As one expert, Rajan told in future India may face many social problems. Prior to it, in his speech at IIT Delhi he was not against the GOVT according to his clarification. 6 yrs back he told about freedom on speech. Referring the same in his virtual address Raghu Rajan clarified that GOVT is to hear everybody & then everything will run easily. To make people problem free GOVT should be open enough near the country people & side by side people remaining out of the country.
No doubt, Raghuram Rajan as an economist can share his view for the betterment of his motherland & democracy atlarge.