Raghuram Rajan faces backlash over comments on India's chip manufacturing
Former RBI Governor Raghuram Rajan faced criticism online after questioning India's massive investment in semiconductor production. In an interview with Frontline, Rajan asked why the country is focusing on this sector, noting that many chips are small enough to be easily smuggled. He remarked that while high-end Nvidia chips are difficult to move illicitly, most others are not, and questioned who would effectively stop such activity. Following his comments, one social media user on X mocked him by referring to him as 'Prof Raghuram Rajan of 5% fame'.
by shortkt.com✓