New Delhi, Sept. 3 -- Raghuram Rajan has clarified that he has neither questioned nor endorsed India's latest GDP growth figures and has nothing further to say on the matter. However, he has often been puzzled by the economy's growth trajectory, and wonders why strong GDP growth has not translated into higher private investment, greater foreign direct investment (FDI) and more decent jobs.

After India's GDP numbers were released on Monday, Rajan said on a Linkedin post, I have nothing to say about the recent GDP numbers and have neither questioned nor endorsed them.

"It would be reasonable to say that I have puzzled over the path of our GDP numbers for a while -- why don't we see more private investment, more FDI, and more decent jobs i...