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முடிவுகளை தேடுக

ஜன. 01, 2004

Understanding Reforms

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

செப். 23, 2003

Boards of Governors - 2003 Annual Meetings

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

September 23–24, 2003World Bank GroupInternational Bank for Reconstruction and Development International Finance Corporation International Development Association International Centre For Settlement Of Investment Disputes Multilateral Investment Guarantee Agency International Monetary FundStatement by the Hon. Mr. Y.V. Reddy, Alternate Governor of the Fund for India, at the Joint Annual DiscussionMr. Chairman:1. Since we met last in April 2003, there have been some si

செப். 19, 2003

Economic Development of the North East Region:Some Reflections* - RAKESH MOHAN

Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India

It is a matter of great pleasure to be here with you to deliver the keynote address on this occasion of the 8th anniversary of the North Eastern Development Finance Corporation (NEDFi). As a financial institution NEDFi is unique, given the challenging domain of the North Eastern Region (NER) that it endeavours to promote. Like many of you, I have often wondered why the growth and development performance of this richly endowed Region has been well below its potential;

செப். 16, 2003

Indian Economic Scenario Yesterday – Today – Tomorrow

Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India

I am honoured to address this gathering which has been facilitating constructive interactions and garnering public debate on various issues confronting India. The theme chosen for this gathering ‘Indian Economic Scenario – Yesterday, Today and Tomorrow’ is one of the most important issues requiring wide public debate as the Indian Financial system is passing through a phase of transformation and consolidation. It is time to build strategies for the challenges that lie

ஜூலை 25, 2003

Role of Quality Human Resource in Target Setting for Economic Growth1

Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India

I am indeed thankful to Technology Information, Forecasting and Assessment Council (TIFAC) and especially to Dr. R. Chidambaram, Chairman, TIFAC for inviting me to join the distinguished participants and share my thoughts on ‘Role of Quality Human Resources in Target Setting for Economic Growth’. As I understand TIFAC has undertaken an ambitious programme known as ‘MISSION REACH’ as a follow up of the Technology Vision-2020 recommendations. The MISSION REACH is three

ஜூன் 16, 2003

32nd ACU Board Meeting - Governor’s Welcome Address on June 16, 2003

Dr. Bimal Jalan, Governor, Reserve Bank of India

Honourable Governors and distinguished Delegates, Guests, Ladies and Gentlemen:It is a great privilege for me to welcome you to this 32nd Board meeting of the Asian Clearing Union (ACU). I am happy that this meeting is being held in the city of Bangalore, known as the ‘City of Gardens’ , with a great tradition in music, literature, architecture, science and technology. The city is now known even more as India’s leading city for information technology.2. Before proceed

ஜூலை 26, 2002

A Decade after 1991: New Challenges Facing the Indian Economy

Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India

I feel deeply honoured to have been invited to deliver the 28 th Frank Moraes Memorial Lecture this evening. I feel particularly honoured, but also humbled, when I look at the list of the very distinguished predecessors who have delivered this lecture. Frank Moraes was among the pioneers of independent Indian journalism. As editor of the Indian Express he set new standards in journalism in terms of both probity and quality of writing. I know that successive generation

ஏப். 03, 2002

Economic Reforms and Evolving Role of RBI as Banker to the Governments

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

Mr. Chairman, Mrs. Usha Sahajpal and friends, I am thankful to the organizers for inviting me to the Silver Jubilee Year of founding of Accounts Organisation and I recognize it as a reflection of the close cooperation and understanding that have evolved between Reserve Bank of India (RBI) as a banker to Government of India and its Accounts organisation. The title of the address refers to being banker to governments simply because RBI is a banker not only to the Centra

மார். 21, 2002

Evolving Role of Gold – Recent Trends and Future Direction

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

Mr. Chairman, Mr. Tarapore, Distinguished visitors and friends,I am thankful to the World Gold Council (WGC) for inviting me to participate in this meeting on the future direction of the gold market. This is the third conference of WGC, with which I am being associated and I do notice that all of these are held in New Delhi. It shows that though Mumbai is the financial capital and a major centre for gold market in India, the directions of gold policy have been and wil

ஜன. 15, 2002

India and Globalisation

Dr. Bimal Jalan, Governor, Reserve Bank of India

This is a truly momentous occasion in the life of this Institute, its students, its teachers, and its friends. Let me begin by conveying my heartiest congratulations to the students who are receiving their degrees today. For all of them, it is a culmination of years of hard work, and a recognition of their high academic merit. All the teachers of this great Institute, who have put in so much time and effort to make this day possible, also deserve our gratitude. I woul

ஜன. 14, 2002

Indian Banking and Finance: Managing New Challenges

Dr. Bimal Jalan, Governor, Reserve Bank of India

IntroductionIn my inaugural address last year, I had indicated a vision for Indian banking in the new millennium – that of a vibrant, internationally active banking system, drawing upon its innate strengths and comparative advantages to make India a major banking centre of the world. I had pointed out then that, while it may take up to 10 or even 15 years to achieve this vision, the time to begin was now. Recent developments have only served to bring forward the urgen

டிச. 06, 2001

Knowledge Revolution and Social Development

Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India

It gives me great pleasure to deliver the inaugural address at the IX Economic Convention 2001 at the H.R. College of Commerce & Economics for more than one reason. First and the foremost, it provides me an opportunity to be amongst students who would add to the vast pool of knowledge workers that our economy commands. If this convention helps shape their future and add to their knowledge bank, I would be most happy to play my part. Second, I learnt that the annua

நவ. 22, 2001

Corporate Governance

Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India

I am happy to be here today. I am happy to be here in this historic city of Hyderabad, which is known as the training capital of India and equally happy to be in this prestigious campus of Administrative Staff College of India, nationally acclaimed as a temple of learning and temple of training. I thank my good and esteemed friend Dr. E.A.S Sarma- a well-known administrator, intellectual, economist and academician for giving me this wonderful opportunity of addressing

அக். 26, 2001

Forex Markets in India: Some Thoughts

Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India

It gives me great pleasure to address this gathering of forex professionals from all over the country. Looking at the list of speakers from the central bank who have addressed this august assembly in the past, I find that you have opted for change by inviting the regulator/supervisor rather than the exchange rate policy maker and manager from RBI. Although I am not very certain as to why, may be the fact that I was on your side of the market till a few months ago migh

அக். 03, 2001

Autonomy of the Central Bank : Changing Contours in India

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

Dear Dr. Saxena, distinguished faculty, respected visitors, and young friends, I am grateful to the organisers for giving me this opportunity to be here with you today to deliver the Second Foundation Day Lecture. The IIM, Indore has acquired a great standing and high stature within a short span of four years and the entire credit should go to the support rendered by all, and in particular, the devotion and dedication displayed by the faculty and students to academic

செப். 05, 2001

Reviving Confidence in the Indian Economy

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

Respected Vice-Chancellor, Professor Rama Rao, distinguished academics and friends, At the outset, I would like to express my grateful thanks to Professor Rama Rao garu for giving me the privilege and honour of delivering the first Dr. S. Radhakrishnan Memorial Lecture sponsored by the University Grants Commission and being organised by the University of Hyderabad on the occasion of the Teachers’ Days this year. So much has been written and said about Dr. Sarvepalli R

ஆக. 28, 2001

Communication Policy of the Reserve Bank of India

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

Mr. Green, Mr. Weetman, Mr. New and friends, I am thankful to the organisers and in particular Mr. New for giving me the honour of participating in the 150th anniversary celebrations of the Reuters Group. In all innocence, I accepted the invitation only soon to realise that there is no free lunch or free dinner in this world. I am assigned the task of inaugurating the evening and addressing the guests on this occasion. I pleaded for some draft from Reuters, though inf

ஜூலை 17, 2001

Fiscal Transparency and Beyond

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

Mr. Chairman and friends, It has always been an extremely productive venture for me to visit Indian Merchants Chamber and interact with the gathering. The subject chosen today has special relevance at this juncture for several reasons. The Reserve Bank of India (RBI) has released a Report on Fiscal Transparency a few weeks ago and it is necessary to view it and debate it in the context of fiscal challenges and their linkages with monetary policy. The Fiscal Responsibi

ஜூன் 29, 2001

Issues in Implementing International Financial Standards and Codes

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

Governor Jayawardena, Deputy Governor Wijewardena and friends, It gives me great pleasure to deliver this public lecture at the Centre for Banking Studies (CBS) of the Central Bank of Sri Lanka. It gives me greater pleasure to share the podium with Governor Jayawardena whom I greatly admire for his intellect, acumen and outstanding statesmanship. The last time I shared the same forum with him was at the Second South Asia Forex Dealers Association Conference at Hydera

மே 19, 2001

Globalisation and Challenges for South Asia

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

Mr. Chairman and friends, At the outset, I would like to pay homage to the memory of late Bishweshwar Prasad Koirala who dedicated his life to the cause of democracy, liberty, social justice and human rights. His distinguished contemporaries respectfully but affectionately described him as 'BP' and as Mr. P.V. Narasimha Rao, one of our Prime Ministers mentioned : 'BP belonged, in the truest sense, to both our peoples of India as well as of Nepal'. Another Prime Minist

ஏப். 27, 2001

Indian Agriculture and Reform : Concerns, Issues and Agenda

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

Professor Parthasarathy garu, Vice Chancellor Radhakrishna, Prof Sathyanarayana and friends. I am honoured by the fact that you have invited me to deliver the Presidential address. When the organisers first spoke to me about this lecture, I humbly submitted to Professor Parthasarathy that, in the past, many eminent personalities like Governor, Dr. Rangarajan, Professor G.S. Bhalla, Professor Vyas, Dr. K. Subba Rao and Professor Radhakrishna had delivered this address

மார். 19, 2001

Financial Sector Reforms : An Update

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

Mr. Kohli, Mr. Krishnamurthy and friends, I am happy to be here again in this gathering of friends in the banking community on the occasion of the annual general meeting of the Indian Banks Association and Bankers Sports Board. I feel that it is more an occasion to conduct focussed business and celebrate rather than one to deliberate on policy issues. Yet as per tradition, I believe that there has to be an address by the chief guest. As a central banker, one always

மார். 15, 2001

Implementation of Financial Standards and Codes: Indian Perspective and Approach

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

In this paper it is proposed to describe the Indian perspective and approach in regard to the implementation of international financial standards and codes advocated by the Financial Stability Forum(FSF). The Indian efforts in this direction also seek to complement and support the ongoing initiatives of the G-20 aimed at encouraging implementation of standards and codes among member countries.The paper is schematized as follows. Section I explains Indias stand on glo

பிப். 09, 2001

Central Banking in the New Millennium*

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

Mr. Chairman Kohli, Mr. Narang and friends. I am happy to be here among bank economists to deliver the customary valedictory address of the Bank Economists Conference. I find that the subject chosen for this year is very broad and relates to the whole of the banking sector. I carefully read the papers presented at the Conference and I find the coverage to be comprehensive and analysis insightful as usual. The current year's Conference also had the benefit of special p

ஜன. 15, 2001

"Indias 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

டிச. 07, 2000

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor, Reserve Bank of India

On behalf of the Reserve Bank of India and myself, I am very happy to welcome Professor Charles Goodhart to Mumbai to deliver the Eleventh C.D. Deshmukh Memorial Lecture. Prof. Goodhart’s work, both as a Central Banker and as an economic thinker, is well known and he hardly needs any introduction before this audience. Educated at Cambridge and Harvard Universities, he has held several high academic positions, and is at present the Norman Sosnow Profesor of Banking and

நவ. 24, 2000

Pension System in India : A Central Bankers 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

நவ. 24, 2000

Fiscal Reforms at State-level : Review and Prospects

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

Mr. Chairman and friends, I must compliment the organisers of this conclave for choosing a subject of vital importance to our economy and society and, making excellent arrangements for a comprehensive but focussed discussion. This is a good opportunity to present Reserve Bank of India’s (RBI) perspectives on fiscal reforms at State level. The presentation is divided into five parts, viz. role of RBI in the State finances; review of fiscal reform effort; changing role

அக். 30, 2000

Indian Economy : 1950; 2000; 2020

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

Friends, I have many reasons for being delighted to be participating in the Swarna Mahotsavam of Vivek Vardhini College. I must appreciate the persuasive skills of Principal Dr. Pushpavathi for bringing me here. Being a Hyderabadi, I have several distinguished colleagues and friends who are faculty and alumni of Vivek Vardhini College. The founding fathers of Vivek Vardhini were real visionaries who were pioneers in projecting a genuine Indian slant to education; we m

ஜூலை 13, 2000

Capital Flows and Self Reliance Redefined

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

Mr. President and friends, I consider it a great privilege and an honour to be invited to deliver the 27th Frank Moraes Memorial Lecture. While I did not have the privilege of meeting Mr. Frank Moraes, I am an admirer of his writings, which are at once, objective, informative, illuminating, and inspiring. I must compliment the United Writers Association for keeping alive his memory in a befitting manner. I must also compliment the organisers for their tradition of inv

ஜூலை 08, 2000

Analysing Economic Policy and Sourcing Reserve Bank of India

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

Friends, I have great pleasure in being with you today to share some thoughts relating to analysis of economic policy, and I am thankful to respected journalist Shri Potturi Venkateswara Rao Garu for giving me this opportunity. It is a memorable day for me to share the podium with our Chief Minister, Shri Chandrababu Naidu garu. We have known each other closely for about two decades and have subsisting regard and affection for each other. He has changed the mindset of

ஜூன் 24, 2000

Issues in Managing Capital Account Liberalisation

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

The objectives of this presentation are:(i) To suggest the need of some of the developing countries for managing capital account, implying elements of control, regulation and liberalisation as appropriate.(ii) to emphasise the importance of both international and national context in the management of capital account.(iii) to outline the contours of control and regulatory framework and the possible use of these in prioritising capital flows while suggesting the dynamic

ஜூன் 22, 2000

Operationalising Capital Account Liberalisation : Indian Experience

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

The objective of this paper is to narrate the Indian experience in operationalising capital account liberalisation. At the outset, the Indian context is described followed by a brief account of the factors that triggered the process of liberalisation in the nineties. The policy framework that governed liberalisation, the process of liberalisation and the current framework of controls are then explained. Subsequent sections describe the management of capital account a

ஜூன் 13, 2000

Changing Role of RBI: Agenda for Attention

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

Mr. Chairman and friends, I am grateful to the organisers of the Madon Memorial Lecture for inviting me to deliver this Lecture. That the contributions of Shri B.F. Madon are of lasting value is evident from the fact that although, over seventy years have elapsed since he passed away, lectures in his memory are organised, and the response is still overwhelming. There are several reasons why I feel especially elated at my association with this lecture series. First, Ma

மே 05, 2000

Pro-Poor Growth: New Realities and Emerging Questions

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

Friends, I am thankful to the organisers for inviting me to participate in this Seminar. The document of the Asian Development Bank (ADB) on the subject is very comprehensive and incisive. It is difficult to add much to it so far as strategies outlined therein are concerned. There are, however, some new realities, especially due to compulsions of globalisation and technological progress that impinge on policies relating to poverty alleviation. Similarly, the changing

மார். 18, 2000

Bretton Woods Institutions In 2000

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

Respected Narasimham garu, Professor Radhakrishna and friends, I am thankful to the organisers for giving me the honour and privilege of delivering the Dr. V.S. Krishna Memorial lecture. Dr. Krishna, a Professor of Economics in this University was chosen by Pandit Jawaharlal Nehru to succeed Dr. C.D. Deshmukh as the Chairman of University Grants Commission in 1961. Unfortunately his untimely death soon after he assumed charge deprived the nation of his services. His v

பிப். 25, 2000

Monetary and Fiscal Policy, and Poverty, andPublic Policy: What is New ?

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

Professor Raja Chelliah, Professor Govinda Rao, and distinguished participants. I am thankful to Professor Rao for giving me the privilege of being part of this distinguished gathering assembled to honour Professor Chelliah. Papers presented in the seminar covered a wide spectrum of theory and practice; analysed a broad range of topics, from inter-governmental issues to poverty alleviation schemes and brought to bear varying experiences of landlocked Nepal, island eco

பிப். 15, 2000

Legislation on Fiscal Responsibility and Reserve Banks 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

டிச. 06, 1999

Finance and Development Which Way Now?

Dr. Bimal Jalan, Governor, Reserve Bank of India

The Annual Foundation Lecture of this famous College is an important event in our countrys academic calendar. Several of our most distinguished economists, public administrators and thinkers have shared their thoughts with you on this occasion. I feel privileged to have been invited to deliver this years lecture. My happiness in being able to join you today has been immeasurably enhanced by the presence of Shri M. Narasimham at this function. Shri Narasimhams subst

செப். 08, 1999

State and Market: Altering the Boundaries and Emerging New Balances

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

Chairman Mr. Swaminatha Reddy, Mr. Rao and Mr. Srinivasan, I am delighted to be here among many affectionate friends. I am thankful to my college-mate, batch-mate, cadre-mate and a very affectionate friend, V.K. Srinivasan for giving me this opportunity. The Chairman, Mr. Reddy, has given an excellent overview of what I intend covering in this address today viz., the changing contours of borders between State and market.The altering of the boundaries between State and

ஜூன் 11, 1999

External Debt Policies in Emerging Economies : New Dimensions

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

Mr. Chairman and friends,At the outset, I would like to express my gratitude to Dr.Shanker Acharya, Mr.Ravi Mohan and Mr.Sanjay Kathuria, who gave me an opportunity to attend this seminar on Corporate External Debt Management. The deliberations have indeed been a feast and there is nothing but admiration for the outstanding organisational abilities of all concerned. There has been an ideal mix of participants and subjects. In the previous Seminar on external debt at

பிப். 20, 1999

Euro and its Implications for India

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

Mr.Singh and friends, It gives me great pleasure to deliver the keynote address at this seminar today. True, a lot has already been said and done on Euro and it is not easy to be original or innovative or even funny on a subject like this at this stage. But, Euro as a subject is of great contemporary relevance to all of us. So, we have to keep revisiting it. In any case, when my senior colleague and good friend Mr.R.V.Gupta asked me to deliver this address, I could no

டிச. 16, 1998

TOWARDS A MORE VIBRANT BANKING SYSTEM

Dr. Bimal Jalan, Governor, Reserve Bank of India

Inaugural AddressByBIMAL JALANGovernor, Reserve Bank of India At the Bank Economists Conference (BECON98) Held at Bangalore On 16-12-1998 Towards A More Vibrant Banking SystemBimal Jalan IntroductionI am happy to join this special gathering of bankers and deliver the inaugural address to the conference of bank economists . This year's meeting of bank economists is particularly important as it is being held against the background of one of the worst meltdowns of finan

டிச. 04, 1998

Restructuring of the Public Finances and Macro-economic Stability

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

Mr. Chairman and friends,This meeting has been convened to solicit views on one of the specific references to the Eleventh Finance Commission, viz., means by which the Union (or Centre) and the States may bring about restructuring of the public finances so as to restore the budgetary balance and maintain macro-economic stability. I will, therefore, confine myself to this theme, in the context of reform process under way. I will, first, describe what may be called the

செப். 19, 1998

Management Challenges for the Next Century

Dr. Bimal Jalan, Governor, Reserve Bank of India

It is a privilege to be in the midst of this distinguished gathering to deliver the valedictory address to the National Management Convention this evening. This is the Silver Jubilee year of this Convention, and represents an important event in the history of the All India Management Association. It is a fitting tribute to the Silver Jubilee year that this convention is devoted to such an important theme as strategies for strengthening competitiveness of Indian econom

ஆக. 14, 1998

Indian Economy: A Retrospect and Prospects

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

Friends, Coming to Tirupati is like a journey down memory lane for me. I belong to a village nearby though in Cuddapah district, studied what was known then as Intermediate Course in Sri Venkateswara University and worked for several years on development of the Rayalaseema region. I served in Chittoor, your district as Secretary, Zilla Parishad in 1967. So, for more than one reason, I am grateful to the organisers for giving me this opportunity to be with you, in a ga

ஜூலை 17, 1998

India among the leaders of 21st century: Fifth L.K. Jha Memorial Lecture

Mr. Rubens Ricupero, Secretary-General of UNCTAD

Mr. Governor, relatives of the late Mr. L.K. Jha, ladies and gentlemen : Dangerous, often fatal, is the prophet's calling. Most are put to death. That was nearly UNCTAD's fate a couple of years ago. The few survivors of the lynch mob usually succumb to one of two evils. The first is the ugly sin of Schadenfreude, that is, rejoicing in other people's misfortune. The second is the loss of face they suffer when their predictions do not come true. Things have worsened so

மே 08, 1998

Science, Technology and Development: Sir Vithal N. Chandavarkar Memorial Lecture

Dr. Bimal Jalan, Governor, Reserve Bank of India

I am grateful to the Indian Institute of Science, unique Institute committed to advanced research and education on Science and Technology for asking me to deliver this lecture in the memory of Sir Vithal N. Chandravarkar. As a non-scientist, I feel specially privileged to be invited to address this distinguished audience in this famous institution. Sir Vithal Chandravarkar, a barrister by profession, was a towering personality in Indian public life. The University of

மே 01, 1998

Asian Crisis: Asking Right Questions

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

Mr. Chairman and Friends, I am grateful to the organisers for giving me this opportunity to be with you and, derive the benefit of interaction, with a set of distinguished and knowledgeable people. The Asian crisis has been a matter of wide debate, and I doubt whether much new light can be shed on it. At the same time, I wonder whether many of us have been able to fully comprehend the causes, cure or consequences of the crisis. Perhaps one useful way of crystallising

டிச. 29, 1997

Economists and Public Policy

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

Y.V. ReddyI deem it as a great honour to be here to deliver this valedictory address. I am grateful to innumerable friends of my alma mater, Osmania University, and in particular Vice Chancellor Ramakistayya, who have so kindly given me this opportunity. My association with Osmania University dates back to August 1960, with registration as a full time researcher for Ph.D. Later, as a lecturer in this campus, I learnt a lot before joining the Administrative Service in

நவ. 18, 1997

External Debt and Economic Reform, Seminar on New Opportunities in Global Finance

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

External Debt and Economic Reform by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, Seminar on New Opportunities in Global Finance sponsored by Greater Mysore Chamber of Industry Bangalore Management Association Institute of Internal Auditors - India Rotary Club of Bangalore Mr. Chairman and Friends, I am thankful to the organisers of this conference and Mr. Biswas of the Reserve Bank of India (RBI), for giving me this opportunity to be with you. For some of

நவ. 14, 1997

Financial Sector Reforms and RBI's Balance Sheet Management

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

Financial Sector Reforms and RBI's Balance Sheet Management by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, Mumbai. The Vysya Bank 11th Annual Lecture on Banking at Bangalore on November 14, 1997 Chairman Shri Ramamoorthy and friends. I am pleased to deliver the 11th Annual Lecture of Vysya Bank. In fact, this assignment gave me an opportunity to study and reflect on the subject in the light of my recent experience in handling this subject in the Reserve Ba

அக். 03, 1997

Indian Economy: Current Trends and Immediate Prospects

Dr. C. Rangarajan, Governor, Reserve Bank of India

1. In my address this evening I would like to focus on the current developments in the Indian economy and the immediate prospects. The decade of the 90s has seen India rapidly transforming into a high growth economy. There has been an enormous change in the economic environment since 1991, with the introduction of reforms as part of a comprehensive stabilisation and structural adjustment programme. The basic objectives of the current reform programme have been to remo

அக். 03, 1997

Governor's address at the Special convocation to confer the honorary title Fellow of the Indian Institute of Management Ahmedabad

Dr. C. Rangarajan, Governor, Reserve Bank of India

It gives me immense pleasure to be on the campus of the Indian Institute of Management. I accept in all humility the Award of the title 'Fellow of the Indian Institute of Management', Ahmedabad. What can be a greater honour than the recognition by one's own peers and family. I look back with immense satisfaction the years that I spent on the campus here. Those fourteen years marked the most productive period of my academic life. It is no mean task to have created here

செப். 29, 1997

Annual Meetings of the World Bank Group and International Monetary Fund

Dr. C. Rangarajan, Governor, Reserve Bank of India

Statement by the Honorable C. Rangarajan Governor, Reserve Bank of India Leader of Indian Delegation Annual Meetings, Hong Kong Mr. Chairman: The Annual Meetings of the World Bank Group and the International Monetary Fund at Hong Kong, China are of historic significane, coming as they do immediately after the unification of Hong Kong with China. In many ways Hong Kong epitomizes the tremendous potential for economic development through openness to foreign trade and in

ஆக. 02, 1997

Development of Gold Market in India

Smt. Usha Thorat, Chief General Manager, Department of External Investments and Operations, Reserve Bank of India

Speech of Smt. Usha Thorat, Chief General Manager, Department of External Investments and Operations, Reserve Bank of India at the World Gold Council, New Delhi, on Saturday, August 2, 1997. Development of Gold Market in India In the last year's conference organised by the World Gold Council as also this year's, a number of issues have been raised which would lead to the conclusion that gold could play a very significant role with a more open policy on gold, rationali

ஜூலை 25, 1997

Current Economic Trends at the All India Manufacturers Organisations

Dr. C. Rangarajan, Governor, Reserve Bank of India

Address by Dr. C. Rangarajan Governor, Reserve Bank of India on 'Current Economic Trends' at the All India Manufacturers' Organisation's Meet Mumbai on July 25, 1997 In my address this evening I would like to focus on the current developments in the Indian economy in the context of the on-going macro-economic reform programme. The decade of the 90s has seen India rapidly transforming into a high growth economy. There has been an enormous change in the economic environ

மார். 17, 1997

Competition Policy in a Global Economy

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

I am thankful to Dr. Tarun Das and Dr. Rakesh Mohan for giving me this opportunity to be here today. The relationship between competition, regulation and ownership has undergone dramatic changes in the recent past. The competitive conditions in the financial sector, especially in the banking industry, have also changed globally. In our country, we have been trying to catch up with global trends since economic reform. Financial sector reform, which is part of broader e

மார். 08, 1997

Budget and RBI : New Directions

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

Budget and RBI : New Directions Address By Dr. Y.V. Reddy Deputy Governor Reserve Bank of India at Administrative Staff College of India, Hyderabad on March 8, 1997 Friends, It is a pleasure for me to be with you in Administrative Staff College today. I have my Gurus here, and I also have many friends. I spent a year on full time basis about a decade ago as Visiting Faculty here. I am thankful to the Principal for giving me an opportunity to speak on an important subj

பிப். 05, 1997

Conference on Disinvestment: Strategies & Issues

Dr. C. Rangarajan, Governor, Reserve Bank of India

Inaugural address by C. Rangarajan, Governor, Reserve Bank of India at the `Conference on Disinvestment: Strategies & Issues' Organised by disinvestment commission, Delhi at Mumbai Wednesday, February 5, 1997 Mr.Ramakrishna, Mr.Mankad and friends, I am happy to be associated with this conference on Disinvestment. I believe this is part of the effort to ascertain professional opinion on the various issues posed to the Disinvestment Commission as well as to create p

டிச. 27, 1996

Public Enterprises and Economic Reforms

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

Y.V.Reddy My association with the Department of Commerce, Osmania University goes back to 1960 when I registered for Ph.D course under the guidance of Professor V.V.Ramanadham, the then Head of the Department. In 1963, I taught Public Enterprises as an optional subject for students of M.Com. which explains why I chose this topic for today. While Professor Satyanarayana was also one of my guides for Ph.D, Professor Ramakistayya, Vice Chancellor and I were colleagues in

டிச. 16, 1996

Prospects for Saving and Growth

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

At the outset, I would like to express my gratitude to the organisers for giving me this opportunity to be with you. Though I belong to Andhra Pradesh, I had known Mr. Doshi personally since we interacted professionally. In fact, a few days before his unfortunate trip to Davos in January 1994, we were together for a couple of days in Hyderabad in a Retreat for Secretaries to Government of India and Chief Secretaries of States. Mr. Doshi displayed in his participation

நவ. 28, 1996

Gold in the Indian Economic System

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

Y.V.ReddyI am delighted to be with you this morning and I thank the organisers for the opportunity given to me to address this conference At the outset, let me extend warm welcome to you and a special welcome to participants from foreign countries. I hope you will enjoy the pleasant weather and warm hospitality as much as you would enjoy the stimulating deliberations here. Much of the retail market for gold in our country is in jewellery shops and I trust that you wil

நவ. 30, 1992

The Strategy of Economic Adjustment

Jacob A. Frenkel, Governor, Bank of Israel

I feel extremely privileged to have been invited to present the second L. K. Jha Memorial Lecture and honored to have the opportunity of addressing this august gathering. This being my first visit to India, I could not have expected a warmer hospitality or a more gracious reception. During the past two days, which is the amount of time I have spent here, I have already had the opportunity of making many new friends. I never realised how many old friends I have here, a

அக். 16, 1990

Economic Liberalism, Central Banking and the Developing World

Robin Leigh-Pemberton, Governor, Bank of England

It was a great honour to be invited to deliver this inaugural lecture in memory of L.K. Jha. And it is an enormous pleasure to find myself back in India again, albeit only briefly, after an absence of many years.Anyone looking at India today can hardly fail to be impressed by the country’s recent economic development, despite the internal pressures of population growth and external shocks like the present crisis in the Gulf, which I know will be hitting India particul