Personality: Dr C Rangarajan
Thank God! The ten year itch on SAP ended in 1991…
We had an interesting interaction with Dr C Rangarajan (CR), part of the team that worked with the principal architects of the 1991 liberalisation – Prime Minister P V Narasimha Rao and Finance Minister Dr Manmohan Singh. The renowned economist CR, passionate, empathetic, humorous and even-toned, was a former Governor of the Reserve Bank of India and Chairman of the Economic Advisory Council of Prime Minister Manmohan Singh during 2004-14. He explained in lucid terms the substantial achievements post-liberalisation in terms of economic growth, management of current account deficit and poverty reduction and stated that high growth and equity can go together. Excerpts:
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