Today, India boasts of some of the world’s lowest per call rate – most local calls are charged only to the caller, and the per call rate is just Re.0.50 paise per minute (just about one US cent). A reduction of as much as one-fiftieth in the original call charges in so short a span of time calls for revisiting the Moore’s law!
All of us in the Reserve Bank attach immense value to the fact that this book is being released today by the Hon’ble Prime Minister, Dr. Manmohan Singh, who was himself Governor of the Reserve Bank from 1982 to 1985. We are delighted that besides the Prime Minister, three former Governors are also present here today.