India’s path to becoming a developed nation by 2047 demands more than just GDP growth—it calls for institutional maturity, fiscal discipline, and transparent central banking.

In this rare, longform interview with BasisPoint Insight, former RBI Governor Dr Duvvuri Subbarao offers an unvarnished take on India’s macroeconomic blind spots—from exchange rate policy and inflation targeting to fiscal federalism and the North–South divide.

🔹 “The MPC cannot afford to ignore the rupee.”
🔹 “RBI must walk the talk on FX intervention.”
🔹 “Freebies funded by debt are a tax on our children.”
🔹 “Southern states are facing a double blow—less money and less voice.”

This four-part series, now available as a single YouTube video, brings together hard truths, policy prescriptions, and Subbarao’s signature candour.

Watch and share your thoughts.