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Ignoring Talent And Ensuring Mediocrity Is Not Nationalism, Says Rajan
Former Reserve Bank of India governor Raghuram Rajan (PUNIT PARANJPE/AFP/Getty Images)
Former Reserve Bank of India governor Raghuram Rajan took a jab at ‘nationalists’ in an interview with ET Now, saying people should not be suspicious about economists with foreign degrees.
He said ignoring talent and ensuring mediocrity was not nationalism.
In March, when data showed that gross domestic product (GDP) growth hadn’t been affected by demonetisation, Prime Minister Narendra Modi had taken a jibe at foreign-educated economists, saying hard work was more important than Harvard.
Rajan said it was unfair to label those who came from abroad as “fair-weather friends”.
Reacting to the criticism around his remarks on intolerance in 2015, Rajan said that he stood by every word of it. He said tolerance was India's strength and it would be a mistake to give it up and go backwards.
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