India’s Pre-Election Dialogue To Focus More On Security Than Economy, Says Raghuram Rajan
Former Reserve Bank of India Governor Raghuram Rajan expects India’s pre-election dialogue to focus more on security rather than economy and jobs after the Indian Air Force conducted air strikes in Pakistan.
Till now people went to an election to vote on the economy because jobs are one of the biggest issues...But, now it seems, at least for a little while, the pre-election dialogue will move from the economy to security with the government essentially saying that it has the right genes to lead the country here.Raghuram Rajan, Former Governor, RBI
India’s air strike in Pakistan's Balakot today has brought about a “certain mood of patriotism” which is engulfing the country right now, said Rajan. “When soldiers get killed, the country comes together.”
Rajan, in his interaction with Bloomberg, said that "Kashmir is a tragedy” which started in 1947 and the current situation shows that the youth in Kashmir are increasingly frustrated with the economic situation. “They are protesting. Unfortunately, we are seeing some attempts to move that protest into something worse,” he suggested in the context of the suicide-attack in Pulwama on Feb. 14 that killed 40 soldiers of the Central Reserve Police Force. “The pressure is now on Pakistan Prime Minister Imran Khan to do something to show that he has strength also.”
Watch the interview here: