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Should India Use Foreign Exchange Reserves for Financing Infrastructure?

Sep 2005
Policy Brief
By  Charan Singh
Charan Singh, Director, Department of Economic Analysis and Policy, Reserve Bank of India (RBI), is currently visiting the Stanford Center for International Development, Stanford University. During his long career in the RBI, he has served as Director (Research) of the Department of Internal Debt Management, and as Editor of the RBIMonthly Bulletin and the Annual Report on Currency and Finance. Prior to joining the RBI, Singh worked in commercial banking and briefly as a university lecturer in Economics. Singh earned his doctorate in economics from the University of New South Wales, Sydney, Australia.