I first met Professor Suresh Tendulkar when I was a student at the Delhi School of Economics (DSE). He had also joined around the same time as a teacher at DSE. I have two vivid memories of him as a teacher. First, he would use the blackboard in a particular manner. He would start from one end of the board and write till the end of it. The board was...

Being asked to write on Suresh Tendulkar means that the memories of four tumultuous decades crowd in. They are memories of a genuine teacher, a very careful researcher and an obstinately independent western Indian in Delhi. I always thought of him as a very competent and highly trained economist — but also as an obstinately autonomous Maratha in unfamiliar surroundings. In the 1970s, while examining critiques of the draft Fifth Five-Year...

He played a significant role in framing economic policy He estimated that every third Indian is living in poverty Did extensive work on credit and privatisation policies With the demise of Suresh Tendulkar at the age of 72 following a cardiac arrest in Pune on Tuesday, the country has lost yet another eminent economist who played a significant part in moulding the government's economic policy making. A Ph.D. in economics from Harvard University and...

India’s fiscal policy is not supportive of monetary measures that the country’s central bank is employing to fight rampant inflation, the prime minister’s honorary economic advisor and former International Monetary Fund chief economist Raghuram Rajan said, while singling out the proposed Food Security Bill as a particular cause for concern. The Bill, which proposes to give about 68 per cent of population the legal right to subsidised food, will not only...

Civil society” has dominated popular discussion for the last few months. It may be hard to recall how rare the use of the term was only some years back. In 2002, when I published a book analysing the role of civil society in preventing, dampening or inciting communal riots, I was asked in a television interview whether I was overstating the power of civil society vis-à-vis the state. And in...