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Dr. Rangarajan's contributions are well known and well documented
in a number of publications, both Indian and international. But it
has been strongly felt, particularly by his colleagues who worked
closely with him, that his research contributions to various
sectors of Indian economy are not available at one place. The
present publication is an attempt to fill this gap and to provide
easy access to some of his path-breaking articles which are
frequently referred to. Dr. Rangarajan's contributions are not
confined to monetary economics, as one may usually think, but they
cover a wide range - agriculture, industry, planning, banking,
finance, balance of payments, exchange rate policy, and
international monetary system. These subjects have been covered in
the 24 selected essays which have been arranged under four sections
in two volumes.
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