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]
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]