About the Author:

Dr Bimal Jalan is a former Governor of the Reserve Bank. He has held several positions in the government including those of finance secretary and chairman of the Economic Advisory Council to the prime minister. He was a nominated member of Parliament from 2003–09 and was chairman of the Expenditure Management Commission from 2014–16. He has also represented India on the boards of the IMF and the World Bank.

Bimal Jalan has been associated with a number of academic and public institutions, including the Indian Statistical Institute, Kolkata, the Institute of Economic Growth, Delhi, the Centre for Development Studies, Thiruvananthapuram (as chairman) and the National Council of Applied Economics and Research, New Delhi (as president).

His books include India’s Economic Crisis: The Way Ahead (1991), India’s Economic Policy: Preparing for the Twenty-first Century (1996), India’s Economy in the New Millennium (2002), the Future of India: Politics, Economics and Governance (2005), India’s Politics: A View from the Backbench (2007), Emerging India: Economics, Politics and Reforms (2012) and Politics Trumps Economics: The Interface of Economics and Politics in Contemporary India (edited, 2014).