Read more about Govt not present as India faces greatest challenge in Covid-19: Rajan on Business Standard. Pandemic has shown that we are all connected, says economist and former RBI governor at a virtual event.
Synopsis
According to the former RBI governor, post pandemic if we don t seriously question society, it would be almost as big a tragedy as the pandemic. The Pandemic has shown that we are all connected. No man is island, no woman is island, he said.
Recalling his famous IIT Delhi speech, the eminent economist said he was being seen as token opposition by the press.
COVID-19 pandemic is probably India s greatest challenge since independence, former RBI Governor Raghuram Rajan said on Saturday and added that in many places the government was not present to help the people for various reasons.
NEW DELHI: Covid-19 pandemic is probably India s greatest challenge since independence, former RBI governor Raghuram Rajan said on Saturday and added that in many places the government was not present to help the people for various reasons.
Addressing a virtual event organised by University of Chicago Center in Delhi, Rajan said India needs a quick bankruptcy process for the MSME sector. This is a tragic time in India given the pandemic. Covid-19 pandemic is probably India s greatest challenge since independence, he said.
India has been reporting more than 3 lakh new Covid cases daily in recent weeks and the death toll due to the infection is also rising.
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