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D Subbarao, RBI Governor during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012.

D Subbarao, RBI Governor addresses during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012.

D Subbarao, RBI Governor during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012.

Professor Alaknanda Patel, Wife of late Dr. I G Patel, Y V Reddy, Emeritus Professor, University of Hyderabad & D Subbarao, RBI Governor during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012.

Professor Alaknanda Patel, Wife of late Dr. I G Patel, D Subbarao, RBI Governor & Y V Reddy, Emeritus Professor, University of Hyderabad during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012. Professor, Wife of late Dr. I G Patel, Reserve Bank of India, Duvvuri Subbarao, Governor of Reserve Bank of India, Emeritus Professor, University of Hyderabad, Horizontal

Professor Alaknanda Patel, Wife of late Dr. I G Patel, Y V Reddy, Emeritus Professor, University of Hyderabad & D Subbarao, RBI Governor during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012.

Y V Reddy, Emeritus Professor, University of Hyderabad, Professor Alaknanda Patel, Wife of late Dr. I G Patel & D Subbarao, RBI Governor during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012.

D Subbarao, RBI Governor during the book launch of Economics Policy & Development an Intellectual Journey by I.G.Patel in Mumbai on Monday, 16 July 2012.

Salman Khurshid, Law Minister addresses during the inaugural session of World Islamic Economic Forum WIEF International Advisory Panel (IAP) meeting on Economic Development in New Delhi on Wednesday, 04 July 2012.

Salman Khurshid, Law Minister shakes hand with Tun Musa Hitam, Chairman, WIEF Foundation while Ishaat Hussain, Tata Group Director & Naseer Munjee, Chairman of DCB Bank looks on during the inaugural session of World Islamic Economic Forum WIEF International Advisory Panel (IAP) meeting on Economic Development in New Delhi on Wednesday, 04 July 2012.

Salman Khurshid, Law Minister addresses during the inaugural session of World Islamic Economic Forum WIEF International Advisory Panel (IAP) meeting on Economic Development in New Delhi on Wednesday, 04 July 2012.

Salman Khurshid, Law Minister addresses during the inaugural session of World Islamic Economic Forum WIEF International Advisory Panel (IAP) meeting on Economic Development in New Delhi on Wednesday, 04 July 2012.

Ishaat Hussain, Tata Group Director interacts with Salman Khurshid, Law Minister during the inaugural session of World Islamic Economic Forum WIEF International Advisory Panel (IAP) meeting on Economic Development in New Delhi on Wednesday, 04 July 2012.

Ajit Singh, Lok Dal Party, President comes out after attending the cabinet meeting on Economic Affairs in New Delhi on Thursday, 14 June 2012.

P Chidambaram, Union Home Minister comes out after cabinet meeting on Economic Affairs in New Delhi on Thursday, 14 June 2012.To brief the media at press Information Bureau in Shastri Bhawan.

Ajit Singh, Lok Dal Party, President interacts with Jairam Ramesh, Congress Leader comes out after attending the cabinet meeting on Economic Affairs in New Delhi on Thursday, 14 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India delivering his speech during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India delivering his speech during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India delivering his speech during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India gestures during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India delivering his speech during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India delivering his speech during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India delivering his speech during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Dr. Kaushik Basu, Chief Economic Adviser, Government of India delivering his speech during Exim Bank’s lecture on theme of Trade & Development in Mumbai on Friday, 08 June 2012.

Chief Economic Advisor Kaushik Basu leaves after a cabinet meeting at South Block, in New Delhi on Thursday, 07 June 2012.

Amarinder Singh, Punjab Congress President Captain after meeting with PM to demand an economic package to boost the pace of industrialization in the state in New Delhi on Monday, 07 May 2012.

Amarinder Singh, Punjab Congress President Captain interacts with media after meeting with PM to demand an economic package to boost the pace of industrialization in the state in New Delhi on Monday, 07 May 2012.

Maneck Davar, Chairman, Spenta Multimedia looks on while Sunil Kumar, Lecturer, Department, Social Policy, London School of Economics addressing during the ORF Mumbai Roundtable discussion in Mumbai on Saturday, 21 April 2012. The discussion was on Is Mumbai Truly Global & How to Enhance the International Profile of Our City?

Narendra Modi, CM, Gujarat during the inauguration of Special Economic Zone of Jubilant Life Science at Bharuch in Ahmadabad on Friday, 13 April 2012.

Narendra Modi, CM, Gujarat during the inauguration of Special Economic Zone of Jubilant Life Science at Bharuch in Ahmadabad on Friday, 13 April 2012.

Narendra Modi, CM, Gujarat during the inauguration of Special Economic Zone of Jubilant Life Science at Bharuch in Ahmadabad on Friday, 13 April 2012.

A man carries a bundle of India economic survey report for 2011-2012 after it was presented in Parliament house by the Indian Finance Minister Pranab Mukherjee in New Delhi, India, 15 March 2012. The Economic Survey for 2011-12 is presented by the Indian Finance Minister in parliament projected 7.6 percent growth for the next fiscal year beginning 01 April 2012.

Finance Minister Pranab Mukherjee shows the 2011-2012 Economic Survey report to media after tabling at Parliament House in New Delhi on Thursday, March 16, 2012.

Deserted area during the General Strike called by Eleven Central Trade Unions against the anti people economic policies of the Union Government in Kolkata on Tuesday, 28 February 2012.

Desert Howrah Prepaid Taxi Stand area during the General Strike called by Eleven Central Trade Unions against the anti people economic policies of the Union Government in Kolkata on Tuesday, 28 February 2012.

Cyclist cross the Lenin Sarani area during the General Strike called by Eleven Central Trade Unions against the anti people economic policies of the Union Government in Kolkata on Tuesday, 28 February 2012.

Desert AJC Bose Road during the General Strike called by Eleven Central Trade Unions against the anti people economic policies of the Union Government in Kolkata on Tuesday, 28 February 2012.

A cyclist cross the Howrah Bridge during the General Strike called by Eleven Central Trade Unions against the anti people economic policies of the Union Government in Kolkata on Tuesday, 28 February 2012.

Desert AJC Bose Road during the General Strike called by Eleven Central Trade Unions against the anti people economic policies of the Union Government in Kolkata on Tuesday, 28 February 2012.

Desert Howrah Bridge area during the General Strike called by Eleven Central Trade Unions against the anti people economic policies of the Union Government in Kolkata on Tuesday, 28 February 2012.