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Oct 03, 1997
Indian Economy: Current Trends and Immediate Prospects
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
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
Oct 03, 1997
Governor's address at the Special convocation to confer the honorary title Fellow of the Indian Institute of Management Ahmedabad
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
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
Sep 29, 1997
Annual Meetings of the World Bank Group and International Monetary Fund
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
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
Aug 02, 1997
Development of Gold Market in 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
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
Jul 25, 1997
Current Economic Trends at the All India Manufacturers Organisations
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
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
Mar 17, 1997
Competition Policy in a Global Economy
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
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
Mar 08, 1997
Budget and RBI : New Directions
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
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
Feb 05, 1997
Conference on Disinvestment: Strategies & Issues
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
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
Dec 27, 1996
Public Enterprises and Economic Reforms
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
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
Dec 16, 1996
Prospects for Saving and Growth
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
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
Nov 28, 1996
Gold in the Indian Economic System
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
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
Nov 30, 1992
The Strategy of Economic Adjustment
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
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
Oct 16, 1990
Economic Liberalism, Central Banking and the Developing World
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
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

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