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Retain Raghuram Rajan as RBI Governor, Jagdish Bhagwati advises Modi

Describing the BJP's election victory as an "astonishing triumph of Narendra Modi", noted economist Jagdish Bhagwati Monday advised him to retain Raghuram Rajan as RBI Governor and to hold monthly press conferences to articulate the government's agenda.

'India's growth strategy has lessons for developing nations'

India's strategy of eradicating poverty by "growing the pie rather than slicing it", and fuelling the country's growth with market-based policies holds lessons for other developing countries, suggest two leading Indian-American economists.

India needs to lobby better on outsourcing: Bhagwati

With jobs a continuing issue, any time politicians in the US condemn outsourcing, we lose brownie points," he said.

RBI overplaying inflation; must focus on growth now: Bhagwati

Noted economist Jagdish Bhagwati Wednesday called for realignment in the monetary policy stance adopted by the Reserve Bank and stressed on the need to shift focus on growth from the current inflation-fighting mode.

India can revert to 8-9% growth in 2-3 years, says Bhagwati

India had been growing around 8-9 percent before the global financial meltdown of 2008. The growth rate in 2011-12 slipped to nine-year low of 6.5 percent.