‘I do not have magic wand to deal with economic woes’
7 Aug 2013 11:02 PM GMT
Raghuram G Rajan on Tuesday said there is no magic wand to pull the country instantly out of challenges being faced by the economy.
“These are challenging times for the Indian economy... The government and the RBI are working together to address these challenges. We don’t have a magic wand to make the problems disappear instantaneously. But I have absolutely no doubt, we will deal with them,” he said.
Rajan will be the 23rd governor of the Reserve Bank.
“These are challenging times for the Indian economy... The government and the RBI are working together to address these challenges. We don’t have a magic wand to make the problems disappear instantaneously. But I have absolutely no doubt, we will deal with them,” he said.
Rajan will be the 23rd governor of the Reserve Bank.
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