Raghuram Rajan note to Parliament committee on NPA Problem | Full Explaination in Hindi - UPSC 2019

2,350 views · Published 12 September 2018 · 17:56 · Indexed 29 September 2026

Channel: Aman Sharma · 2018 · Education

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The Hindu Analysis with PIB discussion
by Aman Sharma
STUDY IAS

Former RBI governor Raghuram Rajan's letter on NPAs to the Parliamentary Estimates Committee brought the Bhartiya Janata Party (BJP) and Congress to the political battleground on Tuesday, as they got engaged in a slugfest to defend economic policies of their government.

In his letter to the parliamentary panel, Rajan explained with great detail the NPA crisis in the country and prescribed a closer examination of Mudra loans and Kisan Credit Cards to prevent an NPA crisis in the future.


The Parliamentary Estimates Committee, which is headed by senior Bharatiya Janata Party (BJP) leader Murli Manohar Joshi, had sought Rajan’s views on the NPA crisis.

Apart from going over the reasons which led to the NPA crisis, Rajan discussed various aspects of the crisis in terms of policy-making from the government and the Reserve Bank.
Here are some of the highlights of Raghuram Rajan's letter:

Jan Gan Man Ki Baat, Episode 303: Raghuram Rajan on NPAs and India-Nepal Relations

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