Raghuram Rajan: Strong sustainable growth for the Indian economy Speech by Dr Raghuram Rajan, Governor of the Reserve Bank of India, at FIBAC 2015 “Inclusive growth with disruptive innovations”, Mumbai, 24 August 2015. *  *  *  I thank Vivek Aggarwal, Alpana Killawala, and Dr. Prachi Mishra for comments. We live in an increasingly uncertain world.
Seven years after the financial crisis, advanced economies are still growing slowly, while a number of emerging economies are experiencing difficulty as the old export-led growth model flounders. In this environment, there is both challenge and opportunity.