Former RBI Governor Raghuram Rajan was recently in Chennai for release of his book I do what I do at a function jointly hosted by Taj Coromandel, The Hindu Lit for Life and The University of Chicago.

Speaking about tolerance in India, Mr. Rajan brought up his October 31, 2015 lecture to students of the Indian Institute of Technology (IIT), Delhi saying it was “actually about tolerance“.

“It was about India’s tradition of tolerance, the strength of India... It was emphasising India’s strength as opposed to saying this is a problem and I feel very proud of that speech which was given to young people,” he said.

Tolerance, Rajan said, was “extremely important for our economic growth, especially given the kind of service/ innovative economy we were likely to want to be, that it was to my mind a strength we had and that we should be very careful not to lose it.”