Government and bureaucrats need to be frightened out of their complacency: Raghuram Rajan on negative GDP growth

Former Governor of the Reserve Bank of India Raghuram Rajan has said that the government needs to announce a stimulus to revive the economy after negative growth. "No doubt, the government and its bureaucrats are working hard as always, but they need to be frightened out of their complacency and into meaningful activity. If there is a silver lining in the awful GDP numbers, hopefully it is that," Rajan said.