RBI Governor Raghuram Rajan finds his name in the ‘Leaders’ section of the ‘100 Most Influential People In The World’. Writing on Rajan, TIME’s assistant editor Rana Foroohar calls him an “economic seer”.
He had been praised for his foresightedness on matters of debt and how they would impact an economy.
“More and more of the economic establishment has come to share Rajan’s view that debt-fueled growth is just a saccharine substitute for the real thing,” Foroohar writes.
The remark did not go down well with the government. Rajan’s apology, however, was for the visually-impaired people.