look news india
Former RBI Governor Raghuram Rajan says whether Narendra Modi becomes Prime Minister for the third time or not, India will continue to move forward on its economic policy path. Rajan said in an interview in Hong Kong on Tuesday that there is a lot of continuity in India's economic policy. Whichever government comes, it will promote many good things. Will the new government present a budget as soon as it takes power, which will expand the good work done by the previous government and will also see what other changes can be made?
Raghuram Rajan, professor of finance at the University of Chicago Booth School of Business, also said in an interview on the sidelines of the UBS Asian Investment Conference in Hong Kong that given the lack of infrastructure in the country, it was necessary to spend in that direction under the Modi government, but in the times to come, India will also have to focus on the quality of its infrastructure and ensure that its benefits are not limited to big companies. Bloomberg Economics estimates that India will spend Rs 44.4 lakh crore on new infrastructure between 2024 and 2026, which will help boost economic growth to 9 percent by 2030.
The Lok Sabha elections, which have been going on for one and a half months, will end with the seventh and final phase of voting on June 1 and the results will be declared on June 4. There is full hope of BJP returning to power under the leadership of Prime Minister Modi.