Retain Raghuram Rajan as RBI Guv: Bhagwati to Modi

Describing the BJP’s election victory as an ‘astonishing triumph of Narendra Modi’, noted economist Jagdish Bhagwati has advised him to retain Raghuram Rajan as RBI Governor and to hold monthly press conferences to articulate the government’s agenda. ‘The astonishing triumph of Narendra Modi in the greatest election ever held puts India back on the map. ‘Unlike the UPA leaders, the new PM, who is not tongue- tied, should hold monthly press conferences where he can bring his agenda and actions before the public,’ he said.