Memoirs of an economic savant

C Rangarajan's book is a superb record of the economic history of the initial years of reform

Back in 2006, the good Drs Y V Reddy, who was the Reserve Bank of India governor then and Rakesh Mohan who was deputy governor, asked me to record some oral histories for the history cell of the RBI. It was headed by T K Chakraborty, an excellent economist and an ebullient man. Over three months, he and I recorded over 40 former RBI people, in audio and video.

One of them was C Rangarajan, who had served as a deputy governor in the 1980s and as governor in the 1990s. He recorded nearly 10 hours with us in his office