Raghuram Rajan Says Forget New Ways To Finance Infrastructure, Reduce Risk In Projects First

Former Reserve Bank of India Governor Raghuram Rajan said India needs to reduce risk in its infrastructure projects before it can explore ways to finance the sector.“I come back to say we have to de-risk our projects more. Right now the risk embedded in infrastructure is huge,” Rajan said in a virtual interview with HDFC Ltd.’s Chairman Deepak Parekh at the Ascent e-Conclave 2020 last week. “India’s infrastructure sector is in troubl...