Amidst the endeavors of states and the Center to implement welfare initiatives and monetary transfer schemes for immediate relief, the realms of health and education, according to former Reserve Bank of India (RBI) Governor Duvvuri Subbarao, seem to be overlooked.
Subbarao noted the evolution in the civil service over the past five decades, observing a diversified cadre with individuals hailing from varied backgrounds, including an increased representation of women. He lauded the influx of talent from prestigious institutions such as IITs into the civil service as a positive trend.
“The pace at which our economy burgeons is unparalleled. Yet, the conundrum of burgeoning unemployment amidst this growth remains perplexing. Numerous factors could contribute to this phenomenon. It is imperative that growth translates into tangible employment opportunities, a focal point for governmental attention,” Subbarao emphasized.
Hailing from a modest background in Kovvuru, nestled along the banks of the Godavari, Subbarao’s journey from his humble beginnings to his illustrious career in the Indian Administrative Services, World Bank, and eventually as the Governor of the Reserve Bank is chronicled in his memoir, ‘Just a Mercenary?’
Within its pages, he chronicles his ascent from a student at IIT Kanpur to his tenure as Sub-Collector in Parvathipuram, Andhra Pradesh, reflecting on the varied experiences that shaped his professional trajectory.
