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August 24, 2017

Ex-RBI Governor Raghuram Rajan's Book ‘I Do What I Do’ : Highlights

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A year after he stepped down as governor of the Reserve Bank of India (RBI), Raghuram Rajan is all set to publish his book titled “I Do What I Do”, with his “commentary and speeches” to convey what it was like to be at the helm of the central bank in “those turbulent but exciting times”.

The book takes its name from Rajan’s famous quote on September 29, 2015 policy, when the RBI had cut rates by half a percentage point, surprising many.

This book is published by HarperCollins India and will be launched in Chennai on September 5, followed by launches in Delhi and Mumbai on September 7 and 8, respectively.

A statement issued by HarperCollins India said, " 'I Do What I Do' offers a front-row view into the thinking of one of the world's most respected economists."

It will include his commentary and speeches on various issues, including the need for tolerance and respect to assure India's economic progress, for instance, or the connection between political freedom and prosperity.

Priced at Rs 699, the book is available for pre-order at a discount of 24-25 per cent on Amazon and Flipkart.

Update : Amazon is providing this book for 50% discount (for Rs. 356/-). You can buy it from HERE.

Other Important Books of Raghuram Rajan :
  • 'Saving capitalism from the capitalists' (with Luigi Zingales) - Published in 2004
  • 'Fault lines: How hidden fractures still threaten the world economy' - Published in 2010 [For this book he was awarded the Financial Times-Goldman Sachs prize for the best business book].
Rajan served as the 23rd Governor of the Reserve Bank of India (RBI) during 4th September 2013 to 4th September 2016.
Important Note
This is the third book by a former RBI governor in recent times. 
  • Last year, D Subbarao had published his book 'Who moved my interest rate ?', which highlighted the strained relationship between the RBI and the finance ministry. 
  • Earlier this year, Y V Reddy published his autobiography 'Advice and dissent: My life in public service', which revealed how the RBI withstood pressure to allow multinationals a bigger role in Indian banking.
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