The book under review has contributions by fifteen experts in divers fields connected with policy- making. Dr.C.Rangarajan, in his Foreword invites pointed reference to a note prepared by Montek for the then Prime Minister in 1990, which charted the path for the economic reforms that were launched in 1991. Dr.Y.V.Reddy delineates the formal agreement concluded between the Government and the RBI for ending automatic monetisation, which laid the groundwork for legislation on fiscal responsibility. Montek also contributed in enabling the RBI to build up Reserves in its Balance Sheet. The current RBI Governor Dr. Subbarao showers praise on Montek for his extraordinary competence and skill in negotiating the settlement of the Rupee — Rouble deal with Russia.
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