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Growth must be accompanied by equitable distribution: C Rangarajan
The Morning Standard
|October 28, 2025
FORMER Reserve Bank of India governor, C Rangarajan on Monday emphasised that India’s ambition to become a developed nation by 2047 hinges not only on sustained high growth but also on a conducive global environment and cooperative international policies.
Delivering A Shamugasundaram Annual Oration in Chennai, on the topic “Towards Viksit Bharat 2047: Growth with stability and equity”, organised by Vinayaka Mission's Research Foundation, Rangarajan cautioned that the “twisted” economic stance of advanced nations like the United States could impede growth prospects for developing economies.
“We live in an interdependent world, and the growth rate of any one country is not dis-
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