Comparisons between India and China are "unfair" as India "pales" before the communist giant, which is about five times India's size, former RBI Governor Raghuram Rajan has said as he emphasised on improving infrastructure for the country's growth "I think the comparison is often made between India and China. "By any criteria, except comparisons to China, India is a very impressive story, he said, pointing to the seven per cent GDP growth over the last 25 years.On what India has not done that China has, Rajan said India has not built out infrastructure and construction. Rajan said an enormous part of Chinese growth and manufacturing growth has been much better logistics, access to ports and roads, something "which India doesn't have". Rajan cited an hypothetical example of building a six-lane highway in India, saying there will be a pushback for such a project. He said it is difficult to build infrastructure in India as one would be running over so many people's land.

Source: dna April 13, 2018 09:11 UTC