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 Congress backs Raghuram Rajan, says India ''going through a bad shape''

Congress backs Raghuram Rajan, says India ''going through a bad shape''

The Congress Party on Sunday backed RBI Governor Raghuram Rajan`s assertion that India has done away with the `licence raj`, but `inspector raj` continues to some extent, saying the country is going through a bad shape due to the new regulations brought by the BJP-led NDA regime.