Webinar Link

Meeting No: 2516 183 6244
Password: journey

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Abstract

In the webinar, D. Subbarao will discuss his autobiographical book, Just a Mercenary?. It details his journey from a 1974 sub-collector in Parvathipuram, facing tribal development challenges, to 2013 RBI Governor amid a currency crisis. The book offers a candid, inspiring account of his career and quest for societal impact.

About the Speakers

Surjit Bhalla

Dr. S.S. Bhalla, is a Senior India Analyst for the Observatory Group, a New York based macroeconomic policy advisory firm and Chairman of Oxus Research & Investments. In 2017, he was appointed as Member of the Prime Minister’s Economic Advisory Council. He has been a member of the Secondary Markets Advisory Committee of SEBI and the National Statistical Commission of India. Dr Bhalla writes extensively on economic issues and has recently authored another book titled, The New Wealth of Nations.

Duvvuri Subbarao

Duvvuri Subbarao served as governor of the Reserve Bank of India for five years (2008-13). Prior to that, he was finance secretary to the Government of India (2007-08) and secretary to the prime minister’s Economic Advisory Council (2005-07). Topping the civil services examination in 1972, Subbarao joined the Indian Administrative Service (IAS). In a career spanning thirty-five years, he held various positions at the state level in the Government of Andhra Pradesh and at the central level in the Government of India. He was a lead economist in the World Bank for over five years (1999-2004). After stepping down from the Reserve Bank of India in 2013, Subbarao was a Visiting Fellow, first at the National University of Singapore and later at the University of Pennsylvania. He is currently visiting faculty at the Kautilya School of Public Policy in Hyderabad and at Yale University in the US.

Subhash Chandra Garg

As a member of the Indian Administrative Service for more than thirty-six years, Subhash Chandra Garg was deeply involved in public administration, the execution of development programmes, managing state-level institutions, making Budgets both at state- and Central-government levels, and policymaking. He crafted many Budgets as the secretary, Budget; as finance secretary of the government of Rajasthan; as the secretary, economic affairs; and as the finance secretary to the Government of India. He served as the secretary, economic affairs, for a little over two years, from 2017 to 2019.

After taking voluntary retirement from the IAS in October 2019, he now works as a policy observer, strategist, commentator and writer on important economic and financial policy issues with a focus on economic and fiscal affairs, and policy of India.

Subhash Chandra Garg's first book, The $10 Trillion Dream: The State of the Indian Economy and the Policy Reforms Agenda, was published in February 2022. His second book, Subhash Chandra Garg's Explanation and Commentary on Budget 2022–23, includes the results and outcome of Budget 2021–22 and the implementation of Budget 2022–23, and develops a national standard for analysing and commenting on Central government budgets.

Shyamala Gopinath

Ms. Shyamala Gopinath has 41 years of rich experience in financial sector policy formulation in different capacities at Reserve Bank of India (RBI). At RBI, she held key positions and guided & influenced national policies in diverse areas of financial sector regulation and supervision, the development and regulation of financial markets, capital account management, management of government borrowings, foreign exchange reserve management and payment and settlement systems.

She has served on several committees while with RBI. During 2001 to 2003, she was deputed as Senior Financial Expert at the International Monetary Fund. Ms. Gopinath retired as Deputy Governor of RBI, a position that she held for nearly 7 years. She served as Chairperson Advisory Board on Bank, Commercial and Financial Frauds for two years from 2012 to 2014.

Mrs. Gopinath was also the Chairperson of the Board of Corporate Bonds and Securitisation Advisory Committee of SEBI.

Since 2012, Ms Gopinath has held several Board positions in large corporates and public sector undertakings such as Clearing Corporation of India, Indian Oil Corporation Limited, GAIL and Ernst & Young (Global Governance Council). Presently, Ms. Gopinath serves as Independent Director on the Boards of other renowned companies. She is a part-time Non-Executive Chairperson of HDFC Bank Ltd. and Chairperson of the Board of Governors of Indian Institute of Management, Raipur.