Raghuram G. Rajan, economic advisor to the prime minister, talks to Forbes India about things India has got right so far and the lessons that it still must learn in managing its complex economy
US Treasury Secretary Timothy Geithner said in a BBC interview prior to the G-20 meet in June that the US can no longer drive global growth. What role do you expect India to play in spearheading some of this growth?
The tenor of Secretary Geithner’s comments were aimed at countries running large trade surpluses like Germany, Japan and China, urging them to increase their domestic growth so that they don’t rely so much on the US economy to be the engine of growth. I think India is already doing its best in energising domestic growth and it doesn’t have to do more.
(This story appears in the 30 July, 2010 issue of Forbes India. To visit our Archives, click here.)