Jalan in 2013
|20th Governor of Reserve Bank of India|
22 November 1997 – 4 September 2003
|Preceded by||C Rangarajan|
|Succeeded by||Y Venugopal Reddy|
|Born||17 August 1941|
Sadulpur, Rajasthan, British India
|Residence||Kolkata (West Bengal)|
|Education||Presidency College, Calcutta|
|Known for||20th Governor of Reserve Bank of India|
Education and career
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 two years commencing 22 November 2000 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. During his tenure the Indian Rupee note of 1000 denomination was introduced.
- India's Economic Crisis: The Way Ahead (Oxford University Press, 1991)
- The Indian Economy: Problems and Prospects (editor) (Penguin, 1993).
- India's Economic Policy: Preparing for the Twenty-first Century (Viking, 1996) examines some of the critical policy choices for India at the present juncture.
- The Future of India Politics, Economics and Governance (Penguin, 2005).
- India's Politics: A view from the backbench (Penguin-Viking, 2007).