Reserve Bank of India gov Raghuram Rajan on the wires speaking in Frankfurt
- India over stimulated amid crisis, now getting to stability again
- needs to bring back growth in much stronger way
- India on the verge of take-off to much stronger growth
- India needs to work on infra build-up, human capital
- Indian states competing with each other to create growth
- surge of internet marketplaces important, a "game changer" for India
That and global companies changing to overseas telephone call centres I reckon
Congrats to Mr Rajan who today was appointed vice-charirman of the BIS ( Bank for International Settlements), the clearing banks' CB
The board is chaired by German Jens Weidmann.
RBI's Rajan - India is definitely on the up
