state government / patronage
Pratap Singh Kairon (Punjab CM): S.R. Das Commission findings
Commission reported 1964; Kairon resigned 1964-06
ReportedPeer-reviewed. Source: secondary histories
Prime Ministers: Jawaharlal Nehru, Gulzarilal Nanda, Lal Bahadur Shastri
The Age Of Stars
Partition, planning, aid consortia and nationalised banks.
Vol. XCThe edition of 1964 · The Planned Republic3 records
- Prime Ministers
- Jawaharlal Nehru · Gulzarilal Nanda · Lal Bahadur Shastri
- President
- Sarvepalli Radhakrishnan
- Finance Minister
- T. T. Krishnamachari
- RBI Governor
- P. C. Bhattacharya
Bank Rate
5%
+0.5 pts on 1963
Rupee per dollar
₹4.76
unchanged on 1963
Inflation
13.36%
+10.41 pts on 1963
GDP growth
7.45%
+1.46 pts on 1963
Reserves
$499m
−17.9% on 1963
Arabian Light
$1.8
unchanged on 1963
The record for 1964 is thin. Figures and events not shown here have not been found in the sources, not been found to be zero.
Trade & Tariffs
1 itemWorld Bank Bell Mission (Sept 1964 to 1965; report dated 1965-10-01)
Recommended devaluation, import liberalisation, decontrol and priority for agriculture
This is the origin of the 1966 conditionality.
VerifiedOfficial record. Source: World Bank archives, Bernard R. Bell papers
Courts & Scandal
1 itemgovernance
(institutional) Santhanam Committee on Prevention of Corruption; Central Vigilance Commission…
Institutional response to the 1957–63 scandals
ReportedPeer-reviewed. Source: Santhanam Committee Report 1964 (primary, not seen)
