Bimal Jalan Explained

Bimal Jalan
Birth Date:1941 8, df=yes
Birth Place:Sadulpur, Bikaner State, British India
Residence:Kolkata (West Bengal)
Nationality:Indian
Education:Presidency College
University of Cambridge
University of Oxford
Occupation:Economist
Predecessor1:C Rangarajan
Successor1:Y Venugopal Reddy
Signature:Bimal Jalan Signature-en.jpg
Website:http://www.bimaljalan.com/
Office:Member of Rajya Sabha
Term:27 August 2003 - 26 August 2009
Term Start1:22 November 1997
Term End1:4 September 2003
Office1:20th Governor of Reserve Bank of India
Office2:7th Chief Economic Adviser to the Government of India
Term2:1981 - 1988
Predecessor2:RM Honavar
Successor2:Nitin Desai

Bimal Jalan (born 17 August 1941) is a former Governor of Reserve Bank of India andwas a nominated member of the Upper House of India's Parliament, the Rajya Sabha during 2003–2009.[1]

Education and career

Jalan graduated from Presidency College, Calcutta, and later attended Cambridge and Oxford but no further detail as to his course of study is known publicly.

Jalan held several administrative and advisory positions in the Government of India, namely, Chief Economic Adviser in the 1980s, Banking Secretary between 1985 and 1989 and Finance Secretary, Ministry of Finance between January 1991 and September 1992. In 1992-93 and then from 1998–2008, Jalan was the President of the Governing Body of the National Council of Applied Economic Research, Planning Commission in New Delhi.

He was the Governor of Reserve Bank of India for two terms. The Government of India reappointed Jalan as Governor of the Reserve Bank of India, first for a period of five years commencing 22 November 1997 to 21 November 2002 and again for a further period of two years commencing from 22 November 2002 and ending 21 November 2004. He was succeeded by Y. Venugopal Reddy on 6 September 2003.[2] During his tenure the Indian Rupee note of 1000 denomination was introduced.[3]

Selected works

Notes and References

  1. Web site: Rajya Sabha members. 31 December 2009.
  2. Web site: List of Governors . 8 December 2006. Reserve Bank of India. dead. https://web.archive.org/web/20080916083919/http://www.rbi.org.in/scripts/governors.aspx. 16 September 2008 .
  3. Book: Jain, Manik. 2004 Phila India Paper Money Guide Book. Philatelia. 2004. Kolkata. 77.