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जनवरी 15, 2001

"India's Economy in the Twenty-First Century: A New Beginning or A False Dawn"

Dr. Bimal Jalan, Governor, Reserve Bank of India

I am grateful to Dr. Kapila Vatsayayan and Shri N.N. Vohra for inviting me to deliver the Dr. C.D.Deshmukh Memorial Lecture today. This annual Lecture in memory of one of Indias most distinguished thinkers and policy makers is a highly prestigious occasion, and one of the highlights of the India International Centre (IIC) calendar of events. When I was first asked, I must confess that I was reluctant as I was not sure whether matters which dominate my professional li

नवंबर 24, 2000

Pension System in India : A Central Banker's Perspective

Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India

Mr. Chairman and friends, At the outset I wish to compliment the Asian Development Bank Institute and others who are sponsoring this policy Conference. The Conference is rightly addressing the policy issues as well as practical skills involved in examining and improving the pension systems in South Asian countries. The approach of enabling of sharing of experiences and views among South Asian countries and, with multilateral institutions is commendable. My comments to

फ़रवरी 15, 2000

Legislation on Fiscal Responsibility and Reserve Bank's Role : Some Issues

Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India

Mr. Chairman and friends, I am thankful to Mr. Mathur for giving me this opportunity to participate in this workshop. Mr. Mathurs letter of invitation stated that "In India there is an urgent need for improved management of national finances", and Reserve Bank of India has been advocating fiscal prudence, especially since the reform process started about a decade ago. The subject is vast and complex, and in this speech, the issues relevant for a legislation on fiscal