Published in 2022, Forks in the Road: My Days at RBI and Beyond, by C. Rangarajan, offers an insightful and detailed account of his distinguished career as one of India’s foremost economists and policymakers. Rangarajan served as the governor of the Reserve Bank of India (RBI), the central bank, and played a pivotal role in the 1991 economic reforms. He provides a rich narrative of his experiences and the significant economic milestones of his tenure.

The book documents Rangarajan’s journey through India’s economic landscape, focusing on his role in steering the country through challenging times, such as the economic liberalization of the early 1990s. He shares his insights on key policy decisions, financial sector reforms, and the strategies implemented to stabilize and grow the Indian economy.

Rangarajan also delves into his experiences beyond the RBI, including his contributions to the Planning Commission and his involvement in policy advisory roles. His book is not only a personal memoir but a comprehensive analysis of the country’s economic history and the challenges and policy responses that have shaped modern India.

The book is enriched with personal anecdotes and professional reflections on the evolution of India’s economic policies and their impact on the nation’s growth trajectory. Rangarajan’s firsthand account offers valuable lessons on navigating economic challenges and making effective policy decisions.