Dr. C. Rangarajan: In 1991, we had to export 46 tonnes of gold from India. That helped people realise how terrible the situation was
Dr. C. Rangarajan, a former governor of the Reserve Bank of India, discusses his book "Forks In The Road," India's investment climate, and monetary vs. fiscal tightening.

Dr. C. Rangarajan, a former governor of the Reserve Bank of India (RBI) and economist, recently released his newest book, Forks In The Road: My Days At RBI and Beyond, published by Penguin, in which he recalls his years and significant events. Dr. Rangarajan is widely regarded as one of the most influential figures in India's economic landscape.
Former MP Padma Vibhushan Rangarajan has also served as an academic professor and has trained a number of prominent bankers and private equity experts who now manage their own funds and institutions.
What ultimately inspired you to write an autobiography?
I've had the notion to write a book for a while, but as I went from one project to another, it simply got put off. But in 2014, the day after the administration was changed, I left Delhi. And I reasoned that now would be a good moment to start writing. I had some reservations about writing the entire thing because I believed that the Reserve Bank of India's history, if it is published, will be adequate because it will include all the events that occurred while I was employed there. But even after reading that history, which is in-depth and comprehensive, I thought that some points needed to be emphasised. The fact that I'm finally settling down and retiring in some ways is what prompted me to write, not any specific event or incidents.
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