CEA Subramanian praises Raghuram Rajan for finding NPA issue
Outgoing Chief Economic Adviser Arvind Subramanian has reportedly praised former RBI Governor Raghuram Rajan for identifying the problem of increasing non-performing assets (NPAs). Subramanian also reportedly appreciated Rajan for his efforts in tackling the NPA crisis. Subramanian further reportedly expressed scepticism about the bad loans issue being resolved within a year or two.