Pleasantly surprised by the economy’s ability to react: Raghuram Rajan

  • Livemint, New Delhi
  • |
  • Updated: Oct 09, 2013 11:44 IST

Rising exports in the second quarter, stronger agricultural production and the possibility that the US would find a way out of its fiscal stalemate leave are factors pointing to better times ahead for the Indian economy, the RBI governor says in his first interview to an Indian newspaper after taking charge at the central bank.

Rajan added that the first signs of revival would likely surface in the sector that went down first—large infrastructure projects.
 
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