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Graduating with a degree in Electrical Engineering, Raghuram Rajan’s career has seen him in roles such as chief economist at the IMF and the Finance Ministry in Delhi.

Now, as the Governor of the Indian Reserve Bank, he is one of the world’s top central bankers. In 2005 Rajan predicted the financial crisis of 2008 and, therefore, his words are taken extremely seriously.

Peter Day talks to him about the prospects for the future of the Indian economy – why quarterly growth of five per cent isn’t good enough, why he isn’t in favour of other countries' continued use of quantitative easing and how he proposes to tackle India’s poverty gap.

Picture: Raghuram Rajan, Credit: AFP/Getty Images