Addressing an event at King's College London on Wednesday cautioned the government against the perils of suppressing criticism and shared concerns over India's economic slowdown

Delivering the keynote address at the 2019 ECOSOC Forum on Financing for Development at the UN Headquarters on Monday, Rajan said the open liberal democratic market system is under attack.

'The scope of the government is something we will have to examine sooner, rather than later, because today it does too much too inefficiently,'said Rajan

Speaking at the launch of his book, former RBI governor Raghuram Rajan said that we need to start creating jobs that people want. On loan waivers, Rajan pointed out that it is not an answer to rural distress and in fact kills the credit culture, eventually creating trouble for the farmers.

The former chief economist at the IMF said as markets have expand and become more international, governance also tends to become, first more national and then international.