Rakesh Mohan is senior fellow at the Jackson Institute for Global Affairs, Yale University, and distinguished fellow at Brookings India. He has been closely associated with the Indian economic reforms process from the late 1980s. He was executive director on the board of the International Monetary Fund, deputy governor of the Reserve Bank of India, secretary, Economic Affairs, and chief economic adviser of the Indian Ministry of Finance. He has chaired a number of influential policy committees of the Government of India on infrastructure; he also chaired international committees for the G20 and BIS/CGFS on the strengthening of financial regulation and on capital flows. He has authored various books on urban economics, urban development, economic reforms and monetary policy, including Monetary Policy in a Globalized Economy: A Practitioner's View (2009) and Growth with Financial Stability: Central Banking in an Emerging Market (2011).
In this commemorative volume, India's top economic luminaries and business leaders come together to provide a balanced picture of the economic reform process initiated in 1991 and its consequences. They ask themselves some imperative questions: What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? Covering the impact of the reforms on the evolution of India businesses, India's foreign and security policy, the changing face of Indian governance and sectoral and human developments, among other themes, India Transformed delves deep into the life of liberalized India through the eyes of the people who helped transform it.