India needs to be cleverer in lifting lockdown: Former RBI Raghuram Rajan

Former Governor of Reserve Bank of India Raghuram Rajan today said that India needs to be cleverer in lifting lockdown and open up its economy in a measured way soon, as it does not have the capacity to support people across the spectrum for too long. He was deliberating on the economic impact of the COVID-19 in a conversation with Congress leader Rahul Gandhi. On how much money would be needed to help the poor in the current situation, the former RBI chief said, India needs 65,000 crore rupees ...