On being asked if he had an offer from the Aam Aadmi Party (AAP) to join the Rajya Sabha, he said, "No comments on whether I was offered anything. When I was in RBI, people were desperate to get me off to IMF, when I am back as professor, people are desperate to see me elsewhere. I am very happy being a professor. I have my brain working many hours of day. It is a job I like."
On possibility to join politics, Mr Rajan said, "The answer is no. On the issue of politics my wife has very clearly no."
The AAP had approached Mr Rajan offering him a Rajya Sabha seat from Delhi, which was reportedly rejected by the ex-RBI governor.
In a recorded interview played at the Times Litfest in New Delhi, Mr Rajan, without disclosing much details, said he is working on another book.
This book will be "an attempt to understand better the world we live in. The issue of identity, issue of community and how it impinges on the broader process of economic integration and growth", he said.
His last book, titled 'I do what I do' was released in September, touched various aspects of the Indian economy.
He also talked about issues like tolerance and connection between political freedom and prosperity in the book, which was a collection of essays and speeches during his stint as the Reserve Bank of India (RBI) governor.