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Chakravarthi Rangarajan on Monetary Policy After Liberalization

Ideas of India

CHAPTER

Introduction

Dr. Siyirangarajan was the Governor of the Reserve Bank of India from 1992 to 1997 in the post-reform years. He also served as Governor of the State of Andhra Pradesh and chaired the Economic Advisory Council to the Prime Minister under Dr. Munmohan Singh. We spoke about his latest book, Folks in the Road My Days at the RBI and Beyond. Why India has not faced a currency crisis since the 1991 reforms,. Fiscal dominance versus government dominance, inflation targeting, fiscal federalism, declining capital formation in India and much more.

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