C. Rangarajan is a leading Indian economist who has played a key role both as an academic and a policy maker. He was Governor of the Reserve Bank of India during 1992-97 at a time when India embarked on wide-ranging economic reforms and Chairman of the Twelfth Finance Commission between 2003-04. Subsequently, he was, until May 2014, Chairman of the Economic Advisory Council to the Prime Minister. Dr. Rangarajan has been President of the Indian Economic Association in 1988 and 2017 and President of the Indian Econometric Society in 1994. He was awarded the Padma Vibhushan, India's second-highest civilian honour, in 2002. D. K. Srivastava is Chief Policy Advisor, Ernst & Young India; Member, Twelfth Finance Commission; and Former Director, Madras School of Economics. Formerly, he was Professor of Economics at Banaras Hindu University and Senior Fellow at the National Institute of Public Finance and Policy. He has also taught at the University of Allahabad, India; the University of St. Andrews, UK; and the University of the West Indies, Jamaica. Dr. Srivastava holds MA, MLitt, and PhD degrees in Economics. He was a National Merit Scholar in India; a Commonwealth Scholar in the UK; and a Stanley Smith Fellow at the University of St. Andrews, UK.