"Forces Unleashed Have To Be Reined In": Nobel Laureate On India's Social Crisis | Read

Nobel laureate economist Abhijit Banerjee told NDTV today that India is in the middle of a social crisis" and "these forces which have been unleashed have to be reined in". Asked how much does India's social fabric impact the economic growth, given the communal tension, Mr Banerjee, in an exclusive interview to NDTV, said, "I think it makes an impact". Talking of the current portrayal of India in the western media, he said: "I do think the spin is not in our control. And I think the spin matters because people in the end are not so passionate about India per se. They are just looking for a safe destination for investment. And when the story slightly sours they pull their money".