RBI governor, Raghuram Rajan who is known for his policy making strategies and economic predictions appreciated a student of 8th standard for asking a brilliant question.
While Rajan was addressing a group of students in Mumbai, a boy of 8th standard, Rajas, asked him that when will we see the day when fluctuations in the value of Rupee affect the economy of the whole world?
The boy said that a rumour of the US planning to cut the Federal Scheme has seen the Rupee's value crashing. "When will we see such strong Indian policies affecting other countries?"
Raghuram Rajan while appreciating the intelligent question explained how Indian economy will grow in the years to come.
Rajan said, he believes that by the time Rajas would grow up, the RBI governor will definitely have to make policies keeping the world economy in mind as the value of Rupee will be very strong by then.
Rajan said, we must not be happy if a country's policies affect the rest of the world.
He further added that he has always said that the US should keep in mind before making its policies, about its effect on the rest of the world.
Rajan also told Rajas that by the time the latter will be of his age, Indian economy will definitely be in the top two or three economies of the world.
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