raghuramrajan
By Archis Chowdhury A viral quote, highly critical of the Narendra Modi-led administration, is being shared online while being falsely attributed to former Reserve Bank of India Governor Raghuram Rajan. BOOM reached out to Rajan over email, who denied having made such a statement. Furthermore, we were unable to find any credible news report attributing such a quote to Rajan. Also Read:What Draws India's Young Adults To Andrew Tate? We found the following message being widely shared on social media: "*Raghuram Rajan, former Chairman of Reserve Bank of India, writes:* Today's India is a garland ...
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By Archis Chowdhury An image of economist and former Reserve Bank of India Governor Raghuram Rajan is being shared with a text, purportedly as a quote from him, which says,"People (in India) should start saving money, the situation will become like that of Sri Lanka". These posts claim that Rajan has stated that India will head towards bankruptcy like its southern neighbour. BOOM found this claim to be false; we found a year-old quote by Rajan, where he said that India would not see the same economic situation as Sri Lanka, or even Pakistan, due to the country's sufficient foreign exchange res...
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By Mohammed Kudrati Several users have shared a quote attributed to former RBI governor Raghuram Rajan, where he has claimed to have said that he was not consulted by the government before the demonetisation exercise launched on 8th November, 2016. On examining the claims, BOOM found that the claim attributed to Rajan were paraphrased and misquoted from his past statements on the issue. "I was RBI governor during the time of demonetisation. RBI was not asked to make a single decision on demonetisation", says the viral quote shared by several users on social media. While this quote at face valu...
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By Mohammed Kudrati Several social media users have mocked Raghuram Rajan claiming that the former Governor of the Reserve Bank of India said that India should be in a recession to show "inclusivity". BOOM found the claim to be false as the said remark stems from a satire website BOOM contacted Rajan, currently a professor of finance at the University of Chicago's Booth School of Business, who said that he did not make these comments. Raghuram Rajan, a former governor of the Reserve Bank of India between 2013 and 2016 , also served as Chief Economist at the International Monetary Fund. The Fau...
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