Raghuram Rajan's economic policies and opinions have been reaching their voices even to those sections, where information related to economics is not considered very important.
Sometimes he was called the james bond of the indian economy, sometimes he trended on twitter as 'Rockstar' Rajan. Despite being associated with a difficult and boring subject like economics, raghuram Rajan's personality has been attracting every generation and class. On the occasion of his birthday (February 3), know interesting things related to his personality-
1. Became 23rd governor of RBI
When raghuram Rajan became the 23rd governor of the reserve bank of india on september 4, 2013, there was a buzz in the air like a hero's arrival in a hindi film. The rupee was losing ground versus the greenback.
Every eye was looking forward to financial reforms and bringing the economy back on track. In such a situation, when raghuram Rajan took over the post of RBI governor, then the hopes got feathered.
2. Several reforms made during the tenure
Expectations also showed results. The rupee had strengthened by 2.1 per cent against the dollar on the very first day of raghuram Rajan taking over as RBI governor.
Earlier, the rupee was going very weak against the dollar and its price was only 69 rupees against one dollar. During his tenure, priority was given to decisions like non-performing assets (NPAs), under-capitalization of banks, and saving the rupee, and during that time the foreign exchange fund also increased by $100 billion.
In 2016, he announced that he would step down from his post after the end of his term in September.
3. Youngest Economic Advisor
Before becoming the governor of RBI, he had also worked as the Chief Economic Adviser in the Ministry of Finance of India. This record is also associated with this that he was the youngest economic advisor of the country at that time.
4. Had already predicted a recession
Raghuram Rajan was one of the few who predicted the 2008 economic slowdown. He is also praised for handling the indian economy, which is currently one of the fastest-growing economies in the world.
5. Born in Bhopal
He was born on 3 february 1963 in Bhopal, the capital of Madhya Pradesh. Rajan's father's name is R. Govind Rajan and his mother's name is Maithili Rajan. His father Govind Rajan was posted in the Intelligence Bureau as a senior officer in India.
6. Always a gold Medalist
Raghuram Rajan is an alumnus of the indian Institute of technology (IIT) New Delhi, indian Institute of Management (IIM) Ahmedabad, and Massachusetts Institute of Technology. Prior to this, he was a professor at the Booth business School at the university of Chicago.
Even after completing his RBI tenure, he returned there and is teaching these days. It is said that as a student, he has been a gold medalist everywhere.
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