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Order D. Subbarao's latest book "Just a Mercenary?: Notes from My Life and Career" Here https://amzn.in/d/1yR6vVn Understanding India's administration is no easy feat. From the challenges faced by IAS officers to the responsibilities of the RBI Governor, the journey is filled with excitement and challenges. In this insightful episode, Dr. Duvvuri Subbarao, ex-Governor of the Reserve Bank of India and author of "Just A Mercenary?" shares his extensive experiences in both state and central government roles. We cover the contrasting roles of a finance secretary and an RBI governor, and understand the delicate balance between populist measures and financial stability. Dr. Subbarao offers a candid look at the challenges of IAS recruitment, the judicial process, and the legacy of British administrative systems in India. Dr. Subbarao's reflections on his tenure as RBI Governor provide valuable insights into key decisions and the economic landscape during his time. Join us on the episode as we learn all of this from one of best minds in India. ___________________________________ Siddhartha Ahluwalia, Founder, Neon Fund & Host, The Neon Show Twitter: / siddharthaa7 LinkedIn: / siddharthaahluwalia Instagram: / siddhartha_a ___________________________________ Looking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies. To know more, visit https://primevp.in/ ___________________________________ Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes. We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings. Visit our Website: https://neon.fund/ Follow us on Instagram: / theneonshoww Follow us on Twitter: / theneonshoww Follow us on LinkedIn: / beneon Timestamps: 0:00 - Intro 01:22 - The Life of an IAS Officer 03:34 - Finance Secretary vs. RBI Governor 06:57 - Populism vs. Fiscal Responsibility 15:01 - Rethinking IAS Recruitment 17:38 - Why The Judicial Process Feels Like Punishment 19:24 - Civil Servants and Their Respect Tied to Power 21:47 - The Effectiveness of British Administrative Systems 24:08 - IAS Officers and the Legacy of Colonial Policies 26:08 - Exemplary Duty and Loyalty of District-Level Staff 28:44 - Scarcity in India vs. Plenty in the US 35:04 - Has the IAS Failed the Nation? 39:10 - Andhra Pradesh’s Growth 41:15 - Tribal Development and Land Transfer Bills 48:34 - Key Decisions As RBI Governor ___________________________________ 🎇Hashtags🎇 #startup #entrepreneur #podcast