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The Hindu
The Hindu
National
PTI

Strengthening liberal democracy is essential for growth: Raghuram Rajan

Raghuram Rajan Democracy India RBI Economic Growth

Former Reserve Bank of India Governor Raghuram Rajan on Saturday said India's future lies in strengthening liberal democracy and its institutions as it is essential for achieving economic growth.

Warning against majoritarianism, he said Sri Lanka was an example of what happens when a country's politicians try to deflect a job crisis by targeting minorities.

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