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So much misinformation and disinformation. Where does on even start…astonishing that he is still in circulation after being continuously wrong for so many years on all the big issues, including most recently the Covid response economic strategy.

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Here is Raghuram Rajan: "Spend what you need, spend what it takes" [April 2020] economictimes.indiatimes.com/markets/expert "Government's plan plan to conserve resources for a future stimulus is self-defeating" [September 2020] economictimes.indiatimes.com/news/economy/p

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//"Government's plan plan to conserve resources for a future stimulus is self-defeating"// REALLY? the only one among you rss types who appreciates econ 101 is sanjeev sanyal. What did he do? He went on top of the hill proclaiming Stiglitz was wrong in calling out for

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a massive fiscal spend in the US. The US government actually went with Stiglitz's plan and what is the net result? They managed the fastest recovery in U3 in history. What did we do? We talked. The PM announced a fiscal stimulus worth 10% of gdp and spent 1% of real fiscal. What

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is the net result?? We have an economy that is down in the dumps. The middle class has shrunk by half. Wages for the low skilled workers have more than halved since 2016. The talk of a fresh business cycle remains. We wont have one for years since the underlying consumption

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function is operating at a level way way below the 2003-2012 period. While Raghu is no growth economist (as in someone having spent his academic hours on harrod-domar, kenneth arrow and the like he is still an economist. There were indeed flaws in the way in which he adopted the

7:38 AM · Jan 21, 2023

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RBC like environment while handling monetary policy, he still has huge fount of economic acumen that the world and India will benefit from. What about you guys in comparison. You, sanjeev, vikram sampath and others are following in the footsteps of the that charlatan n s rajaram

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of the "horseplay in harappa" ignominy, trying to rewrite indian history on gas. Get your act together before complaining about Raghu. By the way PLI is mostly free money to cronies. Now that you are not from the econ terrain you main realise the import. However, i will mention

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