Rangarajan Says Too Early to Make Pessimistic View on Rural Economy

Bengaluru: Reacting to global giant Moody's comments that Indian rural economy will remain subdued in 2015-16, former Reserve Bank of India governor C Rangarajan on Tuesday said it is too early to make a pessimistic view and that he did not share the pessimism of the ratings agency. "It is too early to take a pessimistic view on India's performance in agriculture ... I don't share the pessimism of Moody's," Mr Rangaranjan told PTI a...