Dr Raghuram Rajan puts blame on slow governance ..

Raghuram Rajan ( IITD, IIMA, MIT), the Chief Economic Advisor to the Govt ( look at the acad credentials !!), Prof at Uty of Chicago,earlier economist of IMF,  tipped to be the next Reserve Bank Governor, brings woth himvast experience in economic governance. He has said slow pace of reforms and the lethargy in governance, has led the country to its recent predicament..

http://timesofindia.indiatimes.com/business/india-business/Lag-in-governance-let-private-firms-make-killing-Raghuram/articleshow/16564799.cms 

Good observation. Raghuram team with Montek Singh and Manmohan Singh , the country is in very safe hands.. Hope the pace is set for action in the coming days ..

ge..