What Stands in the Way of Indian Economic Expansion?

The video discusses the impact of transparency in Indian business and governance, highlighting the positive changes under Prime Minister Modi's leadership. It also evaluates the role of Raghuram Rajan in shaping India's central bank policy and his global reputation. Additionally, the video analyzes China's economic transition from investment-led to consumption-led growth, noting the challenges and opportunities this presents.

What is the main focus of the JAM initiative mentioned in the video?

• Enhancing mobile connectivity

• Improving digital literacy

• Increasing foreign investments

• Direct subsidy distribution via mobile

What is the perceived benefit of transparency in business as mentioned in the video?

• Reduced need for government interaction

• Increased transaction costs

• Higher tax rates

• More bureaucratic processes

How is Raghuram Rajan perceived in the global financial community?

• As an advocate for high interest rates

• As a highly respected economist

• As a political leader

• As a controversial figure

What economic transition is China undergoing according to the video?

• From technology-led to agriculture-led growth

• From export-led to import-led growth

• From consumption-led to investment-led growth

• From investment-led to consumption-led growth

What is a major concern regarding the Chinese economy as discussed in the video?

• The decline in industrial production

• The increase in foreign debt

• The accuracy of economic growth figures

• The political climate for business