Economist Surjit S. Bhalla, who sits on the Prime Minister’s Economic Advisory Council, says all currencies, not just the rupee, have fallen against the U.S. dollar. Speaking to Gateway House’s Manjeet Kripalani, he elaborates on some diplomatic and domestic tools to stem the fall, even in an election year
Member, Indian Prime Minister’s Economic Advisory Council
Surjit S. Bhalla is a member of Indian Prime Minister Narendra Modi’s newly formed Economic Advisory Council. He is a senior India analyst for the Observatory Group, a New York-based macroeconomic policy advisory firm, and chairman of Oxus Research & Investments, a New Delhi-based hedge fund. He is also on the governing board of India’s largest think tank, the National Council for Applied Economic Research. He has worked as a research economist at the Rand Corporation, the Brookings Institution, and at both the research and treasury departments of the World Bank and on Wall Street with Deutsche Bank and Goldman Sachs. He is a widely published author and columnist who writes on financial markets, economics, politics and cricket. He has also taught at the Delhi School of Economics. Mr Bhalla has a Ph.D in economics from Princeton University.
B.S., Electrical Engineering (Purdue University); M.P.A. (Woodrow Wilson School, Princeton University) ;Ph.D. in Economics (Princeton University)
Last modified: October 18, 2018
The reforms of the early 1990s did not bring economic freedom to a majority of the population. That explains a large proportion of the economic and social ills that affect India today. Why is economic life in India of the ‘Taliban type’? Why is illiberal thought still our guiding principle?