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Apr 24, 2004
International Monetary and Financial Committee Statement
Ninth Meeting April 24, 2004Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation On behalf of Bangladesh, Bhutan, India and Sri Lanka Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation To the International Monetary and Financial Committee(IMFC), Washington, D.C., April 24, 2004 Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman The Gl
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Ninth Meeting April 24, 2004Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation On behalf of Bangladesh, Bhutan, India and Sri Lanka Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation To the International Monetary and Financial Committee(IMFC), Washington, D.C., April 24, 2004 Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman The Gl
Apr 07, 2004
A Policy Update
Friends, I have great pleasure in participating in this book release function. The Academic Foundation has provided yeomen service in bringing out this book, which is very valuable and special for several reasons. It is essential to note that the title of the book reminds us that the focus of accelerating growth should be on poverty reduction. The writing displays a high degree of objectivity. Of particular interest to students and policy-makers is that it presents, i
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I have great pleasure in participating in this book release function. The Academic Foundation has provided yeomen service in bringing out this book, which is very valuable and special for several reasons. It is essential to note that the title of the book reminds us that the focus of accelerating growth should be on poverty reduction. The writing displays a high degree of objectivity. Of particular interest to students and policy-makers is that it presents, i
Mar 27, 2004
M.A.Master Memorial Lecture
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Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
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Mar 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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Mar 20, 2004
A Decade of Reforms in Government Securities Market in India and the Road Ahead*
I. INTRODUCTIONIt gives me great pleasure to deliver this keynote address at the Annual Conference of FIMMDA jointly organised by the Fixed Income Money Market Dealers Association of India (FIMMDA) and Primary Dealers Association of India (PDAI). Many of you would recall that the FIMMDA-PDAI conference held in Bangkok in 2002 was addressed by Governor, Dr. Y. V. Reddy when he was Deputy Governor. My address today is like a footnote to the comprehensive address given b
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I. INTRODUCTIONIt gives me great pleasure to deliver this keynote address at the Annual Conference of FIMMDA jointly organised by the Fixed Income Money Market Dealers Association of India (FIMMDA) and Primary Dealers Association of India (PDAI). Many of you would recall that the FIMMDA-PDAI conference held in Bangkok in 2002 was addressed by Governor, Dr. Y. V. Reddy when he was Deputy Governor. My address today is like a footnote to the comprehensive address given b
Mar 19, 2004
Role of Central Bankers in Emerging Economy like India
Dr. Kanu Doshiwas kind enough to leave the choice of topic for today’s lecture, to be decided by me. I chose this topic as I consider it to be one which would perhaps be of interest to bright and young students and one of contemporary relevance. Although the role of central banking is extensively discussed in the literature on monetary economics, the role of central bankers has remained obscure as central bankers were traditionally meant to operate in anonymity and th
Smt. K.J. Udeshi, Deputy Governor, Reserve Bank of India
Dr. Kanu Doshiwas kind enough to leave the choice of topic for today’s lecture, to be decided by me. I chose this topic as I consider it to be one which would perhaps be of interest to bright and young students and one of contemporary relevance. Although the role of central banking is extensively discussed in the literature on monetary economics, the role of central bankers has remained obscure as central bankers were traditionally meant to operate in anonymity and th
Mar 03, 2004
Orderly Global Economic Recovery : Are Exchange Rate Adjustments Effective Any More?*
When we last met in London in October, I had talked about medium and long-term issues related to globalisation and possible enduring imbalances in the medium- and long-term. I had talked in particular about the consequences of economic demographics and ageing. So I am delighted that this is now a specific subject for discussion in this meeting. Today, I will focus on possible short-term issues that may arise as the current economic imbalances are corrected. Recent dat
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
When we last met in London in October, I had talked about medium and long-term issues related to globalisation and possible enduring imbalances in the medium- and long-term. I had talked in particular about the consequences of economic demographics and ageing. So I am delighted that this is now a specific subject for discussion in this meeting. Today, I will focus on possible short-term issues that may arise as the current economic imbalances are corrected. Recent dat
Feb 05, 2004
Agricultural Credit in India: Status, Issues and Future Agenda*

INTRODUCTION: HISTORICAL OVERVIEW O F AGRICULTURAL CREDIT IN INDIA RISK IN INDIAN FARMING Settled agriculture in India has had a long history because of the fertile plains of Northern India irrigated by the Indus, the Ganga-Jamuna river systems and the Brahmaputra in the East. Southern India has its own river systems and has, moreover, been characterised by its impressive history of sophisticated water management systems: perhaps among the most developed historically.

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

INTRODUCTION: HISTORICAL OVERVIEW O F AGRICULTURAL CREDIT IN INDIA RISK IN INDIAN FARMING Settled agriculture in India has had a long history because of the fertile plains of Northern India irrigated by the Indus, the Ganga-Jamuna river systems and the Brahmaputra in the East. Southern India has its own river systems and has, moreover, been characterised by its impressive history of sophisticated water management systems: perhaps among the most developed historically.

Jan 21, 2004
Capital Flows and Indian Policy Response - Presidential Comments
After such an illuminating lecture by Prof. Krueger and a very lively discussion, I would with your permission, dispense with the formality of a formal address. However, as is expected of me, I will make a few comments. At the outset, I should confess the main reasons for my being here. It is out of my personal affection, great respect for scholarship and admiration for the leadership as well as diplomatic skills of Prof. Krueger, that I made it a point to be here. Of
Dr. Y. V. Reddy, Governor, Reserve Bank of India
After such an illuminating lecture by Prof. Krueger and a very lively discussion, I would with your permission, dispense with the formality of a formal address. However, as is expected of me, I will make a few comments. At the outset, I should confess the main reasons for my being here. It is out of my personal affection, great respect for scholarship and admiration for the leadership as well as diplomatic skills of Prof. Krueger, that I made it a point to be here. Of
Jan 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

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