Raghuram Rajan (L), newly appointed governor of Reserve Bank of India (RBI), signs papers during the taking over ceremony at the bank's headquarters in Mumbai (REUTERS/Danish Siddiqui).
Opinion
India Is Still Waiting for Superman
September 2, 2013, Eswar Prasad
As the newly appointed governor of the Reserve Bank of India (RBI), Raghuram Rajan now faces a looming crisis, plunging currency and slow growth. In a new op-ed, Eswar Prasad argues that Rajan and the Indian government must take decisive action on a number of fronts to revive growth and rebuild the confidence of domestic and foreign investors.