NEW DELHI: Former governor of Reserve Bank of India (RBI) Raghuram Rajan has said he believes the country will be lucky if it achieves 5 per cent growth next year.
The former governor also said next year is going to be more difficult than this one. "Of course, this one had a lot of difficulties with the war and all that. Growth is going to slow in the world. People are raising interest rates that bring down growth," he said.