India’s path to becoming a developed nation by 2047 demands more than just GDP growth—it calls for institutional maturity, fiscal discipline, and transparent central banking.In this rare, longform interview with BasisPoint Insight, former RBI Governor Dr Duvvuri Subbarao offers an unvarnished take on India’s macroeconomic blind spots—from exchange rate policy and inflation targeting to fiscal federalism and the North–South divide.
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