Prof. C. Rangarajan, an Indian Economist and Ex-RBI Governor of India at IIM Ahmedabad

Prof. C Rangarajan, an Indian Economist and Ex-RBI Governor of India delivered a public lecture on "Journey of India's Reforms" on March 10, 2017 (Friday), at 4:00 PM in PP Gupta Auditorium, IIM Ahmedabad.

Copyright @ 2017

[Stranger-uowv]

opportunity cost of this lecture was very low . M thanking myself for coming on youtube and watch this and saves my time watching something else which could be less valuable than this .

[satish]

Indian Universities and Institutes like IIMs and IITs need more Professors like Dr. Rangarajan... A true intellectual, unlike many who view a Faculty position as A secure government job with pension for a lifetime !!... And unlike an increasing tribe of Faculty who are preoccupied with number of publications to showcase themselves as intellectuals!!

[durgaambigaysivagurunathan]

This speech alone is just enough to understand the situation of Indian Economy before 1991 New reforms. Superb Sir....you are simply an Asset to our nation.

[shabnamhaque]

22:00 rbi issuing gold
43:00 land acquisition act and the sugar industry
45:45 subsidizing the liquor industry by the states
47:00 agriculture prices and Marketing act
50:00 fall in investment rate and incremental capital output ratio

[t.n.sankaranarayanant.n.sa]

Every Indian must learn from this excellent Discription.

[bindumadhavan]

If politicians study economics & political science & listen to his lectures India would have been global leader. Govt should insist that all politicians have the minimum qualification expressed above sensible persons will not indulge in corruption. Educated Indian are highly intelligent snubbed by poor knowledgeable politicians. Excellent speech.

[professordumbledore]

He literally ported us to the period of post liberalisation. I was a kid back when all these things happened. I have heard many discuss about the economic crisis of early 1990s and how liberalisation paved a better path to the prosperity of the nation but his speech enlightened me with details... he clearly started by explaining the root cause of the problem and took us through the entire journey till the resolution. From his speech I could clearly understand the gravity of the situation, the cause and the solution we found through policy reforms. The growth and improvements the various reforms and liberalisation of early 1990s brought in are impeccable and we should attribute the kind of lifestyle and growth we have today to the reforms that were made back then. Of course as he rightly mentioned this not the end and we are posed with many challenges in the present we cannot deny the fact that the liberalisation period was a turning point in the history of indian economy.

[sudipshettynoojjis]

He is the key person in avoiding the BOP crisis of India similar to 1997 Asia

[coimbatorepasupathyvenkate]

True picture stated for development. Younger generation and true politicians should hear this lecture.

[dj]

Sir, you are a true intellectual, so much to learn from you, especially as a masters student of economics!

[Souptik]

Such a far - sighted, intellectual & visionary man. Even at this age, he possesses such razor - sharp acumen over matters. I wish I could've seen him in action in his youth.

[ram-tfzh]

Very nice session Sir.. Spectacle decisions were being made by the good leader at the most crucial time.. Your contributions were tremendously helped in our Indian economy reforms to thrust forward our country towards the potential GROWTH &

[abhisheksinghasia]

45:00 Sugarcane industry - Sugar Mills had to obtain a monthly release in terms of distance (D) criteria was instructed.

Molasses price control strategies around 1991 & 1997. Molasses were not allowed to be exported to other States. Classic case of subsidising liquor 🥃 industry.

Prices were fixed with these transparency. Land reforms to vegetables prices need to be addressed in current year 2023.

[dr.p.hazarika]

Thank you sir for sharing your experience and valued suggestions for india's development.
Your expertise in the field and intellectual role indebted me and many others to your greatness.

[pktyagikumar]

The main problem of 1991 crisis pertains to shortage of foreign exchange. Government had fixed rate of exchange before 1991 and you have to apply for it and somebody in government will examine it and allocate it. So allocation of foreign currency was not based on market price.the reform of 1991 allowed the play of market forces in determining the exchange rate. So devaluation of currency was natural course and was to be done with or without IMF advice.

[Dresstoimpress-que]

I pray to the ph. D. You mention that let the grand GDP of manipur may progress endlessly Amen. May God bless you.

[kamalkant]

superb session..but sir did not answer about last question of reform about IMF role in devaluation

[sumit_patkar]

this video is again motivation for WHY IIM?

[krishnanalagappan]

Our Vishva Guru started the IITs n IIMs in India.
Prof. Rangarajan should give due respect to Modi ji 🎉🎉🎉

[skgupta]

shri rangrajan sir. ĺ want to know your views on banning of notes in nov.2016