Former Reserve Bank of India governor Duvvuri Subbarao is one of the illustrious officials in India, who has vast experience in running the country as well as the economy. An IITian and IAS, he is adept in fire fighting and held several key posts in his long career. He is one of the few officials who headed the Union finance ministry as well as the Reserve Bank of India.
He has experience on either aisle of the country’s financial superstructure — the fiscal and the monetary sides. In a free-wheeling interview with Deccan Chronicle, Subbarao spoke about the status of the Indian economy, its weaknesses, joblessness, welfare schemes, and also immediate issues that the country’s policymakers should focus their attention on to make people prosper. I considered a few other titles for the book.
Eventually zeroed in on this title. The reasons are the following: That all of us are prone to complaining about our country. About how it is unequal, unjust.
There are no opportunities for merit...
But when I look back on my career and my life, I find that this country has given me so much. I went to Sainik School with a government scholarship. I went to an IIT, again with a scholarship.
I got the opportunity to serve in the IAS. At the end of my career, I was privileged to become the governor of the Reserve Bank of India. These opportunities came my way, and I have got a lot from society.
The question that has always run in my mind was, for all that I have got from society, have I gi.
