Speeches - Research and Data - আরবিআই - Reserve Bank of India
speeches
ডিসেম্বর 27, 2005
Importance of Productivity in India
Respected Professor Papola and friends, It is an honour and privilege to address this august gathering. I am happy to visit Visakhapatnam, where, in 1965, I commenced my career in civil services in Andhra Pradesh as an Assistant Collector under training - learning initially from village karnam of Penduthri village (then a village) and Revenue Inspector of Gajuvoka, travelling by bicycle to the villages. I am particularly delighted that a friend for decades, an economi
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Respected Professor Papola and friends, It is an honour and privilege to address this august gathering. I am happy to visit Visakhapatnam, where, in 1965, I commenced my career in civil services in Andhra Pradesh as an Assistant Collector under training - learning initially from village karnam of Penduthri village (then a village) and Revenue Inspector of Gajuvoka, travelling by bicycle to the villages. I am particularly delighted that a friend for decades, an economi
নভেম্বর 07, 2005
Human Development and State Finances
Introduction It is a pleasure to be amidst officials of the State Governments who are instrumental in implementing government policies that aim to improve economic and social welfare. In India, bulk of the responsibilities pertaining to expenditure in social services including education and health are placed in the domain of the State Governments. Thus, the nature of state finances has important implications for improving human development in India. In this context, t
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Introduction It is a pleasure to be amidst officials of the State Governments who are instrumental in implementing government policies that aim to improve economic and social welfare. In India, bulk of the responsibilities pertaining to expenditure in social services including education and health are placed in the domain of the State Governments. Thus, the nature of state finances has important implications for improving human development in India. In this context, t
নভেম্বর 04, 2005
Implications of Global Financial Imbalances for the Emerging Market Economies
I am thankful to the Banque de France for inviting me to the international symposium on Productivity, Competitiveness and Globalisation to enable me to share my thoughts on financial stability. I intend speaking on the possible implications of global imbalances for the emerging market economies (EMEs) with special focus on India. Although fast growing economies are generally grouped together as EMEs, some of their major macroeconomic indicators present a wide spectrum
Dr. Y. V. Reddy, Governor, Reserve Bank of India
I am thankful to the Banque de France for inviting me to the international symposium on Productivity, Competitiveness and Globalisation to enable me to share my thoughts on financial stability. I intend speaking on the possible implications of global imbalances for the emerging market economies (EMEs) with special focus on India. Although fast growing economies are generally grouped together as EMEs, some of their major macroeconomic indicators present a wide spectrum
সেপ্টেম্বর 09, 2005
Communications in Central Banks: A Perspective
I. Introduction Communication is part of the professional hazards that central bankers face as a routine. The responses as well as measures are mostly ‘measured’. Financial markets watch our pauses, and some punctuation marks in the text of a statement have the distinct possibility of getting transmitted through the movement of a few points in the yield curve. Faced with such grave consequences that can be measured in millions of rupees or dollars, communication in ce
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I. Introduction Communication is part of the professional hazards that central bankers face as a routine. The responses as well as measures are mostly ‘measured’. Financial markets watch our pauses, and some punctuation marks in the text of a statement have the distinct possibility of getting transmitted through the movement of a few points in the yield curve. Faced with such grave consequences that can be measured in millions of rupees or dollars, communication in ce
সেপ্টেম্বর 08, 2005
Indian Economy in the Global Setting
I am extremely happy to be here in this at 99th Foundation Day Celebration Function of the Indian Merchants' Chamber at Mumbai on September 8, 2005. Indian Merchants Chamber has a long heritage – and I wish them all the best for this year’s celebrations and next year’s centenary. In this age of globalization, I thought it would be apposite to share with you an account of India’s place in the global economy. Where do we stand? Have we improved our performance? These ar
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I am extremely happy to be here in this at 99th Foundation Day Celebration Function of the Indian Merchants' Chamber at Mumbai on September 8, 2005. Indian Merchants Chamber has a long heritage – and I wish them all the best for this year’s celebrations and next year’s centenary. In this age of globalization, I thought it would be apposite to share with you an account of India’s place in the global economy. Where do we stand? Have we improved our performance? These ar
জুন 23, 2005
Overcoming Challenges in a Globalising Economy : Managing India’s External Sector
Dear Friends, I am thankful to the Foreign Policy Centre for giving me this opportunity to be with you this evening and share India’s experience in regard to managing its progressive integration with the world economy. I would like to confine myself to the issues relating to the external sector. Perhaps one of the most successful aspects of India’s structural reforms is the strength and dynamism in the external sector. The memories of June 1991, when the foreign excha
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Dear Friends, I am thankful to the Foreign Policy Centre for giving me this opportunity to be with you this evening and share India’s experience in regard to managing its progressive integration with the world economy. I would like to confine myself to the issues relating to the external sector. Perhaps one of the most successful aspects of India’s structural reforms is the strength and dynamism in the external sector. The memories of June 1991, when the foreign excha
জুন 10, 2005
Value-based Professionals: The Need of the Hour*
It gives me great pleasure to be in your midst today. The Institute of Company Secretaries of India (ICSI) has been a critical player in the Indian endeavour to develop professionals to protect the interests of the stake holders, to ensure corporate governance and contribute to public good – a topic which is intrinsically linked to the theme of today, viz. value based professionals and the broader theme of corporate governance. These are difficult issues and given tod
Shri V. Leeladhar, Deputy Governor, Reserve Bank of India
It gives me great pleasure to be in your midst today. The Institute of Company Secretaries of India (ICSI) has been a critical player in the Indian endeavour to develop professionals to protect the interests of the stake holders, to ensure corporate governance and contribute to public good – a topic which is intrinsically linked to the theme of today, viz. value based professionals and the broader theme of corporate governance. These are difficult issues and given tod
এপ্রিল 08, 2005
A Synoptic View of the Twelfth Finance Commission’s Recommendations
I am indeed very happy to be in the midst of familiar faces and familiar surroundings. This is perhaps the first public occasion on which I am commenting on the recommendations of the Twelfth Finance Commission. As such, this meeting has some special significance at least to me. I congratulate the Reserve Bank of India in organizing this meeting of Finance Secretaries so that the full implications of the various recommendations of the Twelfth Finance Commission can be
Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Hon’ble Prime Minister
I am indeed very happy to be in the midst of familiar faces and familiar surroundings. This is perhaps the first public occasion on which I am commenting on the recommendations of the Twelfth Finance Commission. As such, this meeting has some special significance at least to me. I congratulate the Reserve Bank of India in organizing this meeting of Finance Secretaries so that the full implications of the various recommendations of the Twelfth Finance Commission can be
এপ্রিল 04, 2005
Human Development and State Finances: Some Thoughts
It gives me great pleasure to be here on the occasion of the first programme on "Human Development and State Finances" being jointly organised by the UNDP and the RBI with the support of the Planning Commission. The UNDP, ever since its inception in 1965, and the other UN organisations before that, have been actively involved in the development priorities of developing countries like ours over the last five decades. They have gained insights and understanding of our e
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
It gives me great pleasure to be here on the occasion of the first programme on "Human Development and State Finances" being jointly organised by the UNDP and the RBI with the support of the Planning Commission. The UNDP, ever since its inception in 1965, and the other UN organisations before that, have been actively involved in the development priorities of developing countries like ours over the last five decades. They have gained insights and understanding of our e
ফেব 10, 2005
The pursuit of financial stability
It gives me great pleasure to address this gathering at the 7th Annual Conference on Money and Finance in the Indian economy organised by the Indira Gandhi Institute of Development Research (IGIDR). Issues related to monetary policy and financial sector continue to attract a lot of research interest all over the world and this is all the more true for emerging economies like India which are gradually integrating with the rest of the world. Accordingly, the initiatives
Smt. K.J. Udeshi, Deputy Governor, Reserve Bank of India
It gives me great pleasure to address this gathering at the 7th Annual Conference on Money and Finance in the Indian economy organised by the Indira Gandhi Institute of Development Research (IGIDR). Issues related to monetary policy and financial sector continue to attract a lot of research interest all over the world and this is all the more true for emerging economies like India which are gradually integrating with the rest of the world. Accordingly, the initiatives
জানু 12, 2005
Indian Economy : Current Status and Select Issues
Professor Parikh, Professor Radhakrishna and Friends, I am thankful to Professor Radhakrishna for giving me the opportunity to be here for the release of India Development Report 2004-05. The Report prepared by IGIDR, released today, is unique in several respects. It addresses contemporary policy issues unambiguously and is more issue-based than technique oriented. At the same time, it is based on thorough research with scholarly inputs. Being issue-oriented, the Repo
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Professor Parikh, Professor Radhakrishna and Friends, I am thankful to Professor Radhakrishna for giving me the opportunity to be here for the release of India Development Report 2004-05. The Report prepared by IGIDR, released today, is unique in several respects. It addresses contemporary policy issues unambiguously and is more issue-based than technique oriented. At the same time, it is based on thorough research with scholarly inputs. Being issue-oriented, the Repo
নভেম্বর 10, 2004
Banking Needs of a Global Economy - Keynote Address
Thank you. I am, as ever, delighted to be in India. I am only sorry that on this occasion my visit is so brief. I am here in Delhi specifically to attend your conference this morning. I was glad to have the opportunity to address such an important topic and I am grateful to the organizers for persisting with their invitation even when getting here did not seem logistically possible. As you can see, it was—just! A strong, well-functioning financial sector is crucial fo
Anne O Krueger, First Deputy Managing Director
Thank you. I am, as ever, delighted to be in India. I am only sorry that on this occasion my visit is so brief. I am here in Delhi specifically to attend your conference this morning. I was glad to have the opportunity to address such an important topic and I am grateful to the organizers for persisting with their invitation even when getting here did not seem logistically possible. As you can see, it was—just! A strong, well-functioning financial sector is crucial fo
সেপ্টেম্বর 30, 2004
Fiscal Challenges of Population Ageing: The Asian Experience
I. Introduction One of the most critical demographic events in the world today is population ageing i.e., the process by which the share of older individuals in the total population starts becoming larger. The ageing phenomenon, which has been initially experienced by developed countries, is now steadily approaching the developing world. Projections show that over the next five decades, world median age will continue to increase, resulting in enhanced old age dependen
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I. Introduction One of the most critical demographic events in the world today is population ageing i.e., the process by which the share of older individuals in the total population starts becoming larger. The ageing phenomenon, which has been initially experienced by developed countries, is now steadily approaching the developing world. Projections show that over the next five decades, world median age will continue to increase, resulting in enhanced old age dependen
সেপ্টেম্বর 20, 2004
First P. R. Brahmananda Memorial Lecture
Welcome Speech by Dr. Y.V.Reddy, Governor, RBIPDF First Brahmananda Memorial Lecture by Lord Meghnad Desai PDF Presidential Speech by Dr. I. G. Patel PDF Vote of Thanks by Dr. Rakesh Mohan, Deputy Governor, RBI PDF
Lord Meghnad Desai,
Welcome Speech by Dr. Y.V.Reddy, Governor, RBIPDF First Brahmananda Memorial Lecture by Lord Meghnad Desai PDF Presidential Speech by Dr. I. G. Patel PDF Vote of Thanks by Dr. Rakesh Mohan, Deputy Governor, RBI PDF
জুলাই 17, 2004
India and the Global Economy
Friends, I am delighted to be here in the Lal Bahadur Shastri National Academy of Administration, Mussoorie. You are among the few that have succeeded in perhaps one of the most competitive and fairest examinations in the world. You have the additional advantage of having spent some time in the rural and semi urban areas of our country while in the districts. I chose the subject `India and global economy’ precisely because during the next three to four decades that yo
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I am delighted to be here in the Lal Bahadur Shastri National Academy of Administration, Mussoorie. You are among the few that have succeeded in perhaps one of the most competitive and fairest examinations in the world. You have the additional advantage of having spent some time in the rural and semi urban areas of our country while in the districts. I chose the subject `India and global economy’ precisely because during the next three to four decades that yo
মার্চ 27, 2004
M.A.Master Memorial Lecture
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Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
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মার্চ 26, 2004
A Decade of Reforms in Government Securities Market in India and the Road Ahead*
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Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
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জানু 13, 2004
L.K. Jha Memorial Lecture by Martin Feldstein on 12 January, 2004
Budget Deficits and National DebtMartin Feldstein* I am delighted to be here in Mumbai and honored by your invitation to give this year’s L. K. Jha Memorial Lecture. I first came to India only about eight years ago and have been coming to India once each year for the past five years. Even in that short period of time, I have seen significant improvements in the Indian economy and now hear about important structural changes that are being made or contemplated. I am ver
Martin Feldstein, George F. Baker Professor of Economics at Harvard University and President of the National Bureau of Economic Research.
Budget Deficits and National DebtMartin Feldstein* I am delighted to be here in Mumbai and honored by your invitation to give this year’s L. K. Jha Memorial Lecture. I first came to India only about eight years ago and have been coming to India once each year for the past five years. Even in that short period of time, I have seen significant improvements in the Indian economy and now hear about important structural changes that are being made or contemplated. I am ver
জানু 07, 2004
The Outlook for Indian Economy - An Update
January 7, 200476th Annual General Meeting of FICCI, New DelhiThe Outlook for Indian Economy : An Update Friends, I am thankful to President Mr. Muthiah for giving me the opportunity to address the 76th General Meeting of FICCI. I had the privilege of addressing FICCI in New Delhi about a year ago (October 24, 2002), at the invitation of Mr. Lodha and the subject was, if I recall right, "World Economic Outlook and Financial Market Developments – Implications for India
Dr. Y. V. Reddy, Governor, Reserve Bank of India
January 7, 200476th Annual General Meeting of FICCI, New DelhiThe Outlook for Indian Economy : An Update Friends, I am thankful to President Mr. Muthiah for giving me the opportunity to address the 76th General Meeting of FICCI. I had the privilege of addressing FICCI in New Delhi about a year ago (October 24, 2002), at the invitation of Mr. Lodha and the subject was, if I recall right, "World Economic Outlook and Financial Market Developments – Implications for India
জানু 01, 2004
Understanding Reforms
I have great pleasure in welcoming you on behalf of Finance Minister, Mr. Jaswant Singh, on behalf of Reserve Bank of India and, on my own behalf. India has been playing active role in researching and debating issues relating to development, particularly in the context of developing nations. We believe that holding of the Global Development Netowrk (GDN) Annual Conference in India is a tribute to our approach to reform, and is also a recognition of the need to continu
Dr. Y. V. Reddy, Governor, Reserve Bank of India
I have great pleasure in welcoming you on behalf of Finance Minister, Mr. Jaswant Singh, on behalf of Reserve Bank of India and, on my own behalf. India has been playing active role in researching and debating issues relating to development, particularly in the context of developing nations. We believe that holding of the Global Development Netowrk (GDN) Annual Conference in India is a tribute to our approach to reform, and is also a recognition of the need to continu
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