![]() “I think the real threat of this captive media, which it is, especially the Delhi media, is completely capped,” he says. He also talks about the influence of TV news and social media on politics. That's what the democratically elected government is there to correct. ![]() “I say the markets are supposed to do what the markets are supposed to do, sometimes it creates, you know, great winners and many non winners. ![]() “I think there are different roles in society for free markets and for elected governments in a democracy,” he says. In this interview with Abhinandan Sekhri, Rajan speaks about Modi’s views on “revadi culture”, or social welfare schemes, and the government’s role in balancing capitalism and socialism. He was elected to the Tamil Nadu Assembly in 2016 and re-elected last year. ![]() He came into politics with the Dravida Munnetra Kazhagam. He watched the 2008 economic crisis unfold from up close at Lehman Brothers, the American financial services company whose collapse accelerated the crisis. Rajan, 56, started his professional career in the corporate world, working mainly in banking and finance. In which role he has emerged as one of the most strident critics of the Narendra Modi government’s economic policymaking. Palanivel Thiaga Rajan is Tamil Nadu’s minister for finance and human resources management.
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