Summit Gupta
Coming from the Economics background from India, I am currently pursuing my MBA from Indian Institute of Management (IIM), Shillong. Right from my undergraduate, the study of Economics has always intrigued me which prompted me to take Economics as my major. This interest in Economics motivated me to write a research paper on the topic 'Effect of Crop Insurance Schemes on farmer suicide rates in India' which was published by the St. Xavier's College, Mumbai. This helped me explore the topic of Development Economics and at the same time helped me realize that there is so much to learn in this unexplored field.
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In this short video 'Raghuram Rajan’s Dosa Economics Explained', the famous theory of Dr. Raghuram Rajan, ex-governor of Reserve Bank of India (RBI), Dosa Economics, has been explained using a very simple example of Dosa ( a delicacy of India). Here, Dr. Raghuram Rajan tries to explain that low interest rate and low inflation is much better than high interest rate and high inflation.