Dr. N.A. Mujumdar is a former Principal Adviser, Reserve Bank of India. At present he is the editor of Indian Journal of Agricultural Economics and also Honorary Professor of the Society for Development Studies. He began his career as a lecturer in what was then known as School of Economics, University of Bombay. He was Nuffield Fellow of Oxford University; Oxford in 1959 and after his return to India joined the Reserve Bank of India. He has also worked under the auspices of the International Monetary Fund (IMF), as advisor to Central Banks of five countries: Zambia, Mauritius, Tanzania, Belize and Cambodia. He was a consultant to FAa, ESCAPE and WORLD BANK. He was a member of various working groups appointed by Reserve Bank of India (RBI) and the Planning Commission. He has published six books and a number of research papers in various technical journals. Recently, the University of Mumbai published his Monograph on "The New Architecture of the Rural Credit System" and the Academic Foundation, Delhi published, in two Volumes, his book "Financial Sector Reforms and India`s Economic Development". He has also compiled and edited a monograph on Disinvestment and Microfinance