Structural problems in India are dampening the initial euphoria regarding Prime Minister Modi - that's the word coming in from MIT's Economic Professor Abhijit Banerjee. In an exclusive chat with ET NOW’s Supriya Shrinate, Prof Banerjee also talks about an impending rate cut by RBI Governor and good friend Raghuram Rajan, but asserts it is the rupee that the RBI Governor should be more concerned about. Listen in to his exclusive views only on ET NOW.