A ‘Jhatka’ To Push Formalisation In The Economy Could Come At A Cost: Raghuram Rajan
A worker arranges strips of veneer at a plywood manufacturing workshop (Photographer: Prashanth Vishwanathan/Bloomberg)

A ‘Jhatka’ To Push Formalisation In The Economy Could Come At A Cost: Raghuram Rajan

The move from an informal economy towards a formal one could come at a cost unless the transition to the formal sector is made easy, cautioned Raghuram Rajan, former governor of the Reserve Bank of...
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