On behalf of the Reserve Bank of India, I have great pleasure in welcoming Prof. Joseph E. Stiglitz, who will shortly be delivering the C.D. Deshmukh Memorial Lecture. Also, a warm welcome to Mrs. Anya Stiglitz who has accompanied him. I am delighted to acknowledge the presence here of the family members of Sir Chintaman Deshmukh – Shri Atul Deshmukh, Smt.
Sheetala Deshmukh, and their children, Ashish and Priyanka, Prof. Sunita Chitnis and her son Dr. Ajay Chitnis. Your presence here means a lot to us. Finally, and importantly, a warm welcome to all our invitees to this prestigious lecture. C.D. Deshmukh 2. Sir Chintaman D. Deshmukh has a special place in the history of the Reserve Bank.