Disinvestment – A Second Look

Dr. M.G. Shirahatti is a well-learned academician who had a long stint of forty-three years experience in the academic field and was accredited with positions of Professor of Commerce, Principal of Lala Lajpat Rai College of Commerce and Economics and Director of Lala Lajpat Rai Institute of Management. He had his M.Com. from Karnataka University, MFM from Jamnalal Bajaj Institute, LL.B. and Ph.D. from Mumbai University. He has written books on Commerce and Management and presented papers at National Conference of All India Principal’s Association. He is accredited with a book on disinvestment along with Dr. N.A. Mujumdar. He was the Dean of the Faculty of Commerce, Mumbai University and is a member of the Academic Council and Senate of the Mumbai University. He was the Dean of the Faculty of Commerce, Mumbai University. Dr. Shirahatti is also on the board of various academic institutions in advisory capacity. He was the Director at Interconnected Stock Exchange of India Ltd. Presently, he is the Director General of Oriental Institute of Management and Oriental School of Business at Vashi, Navi Mumbai.

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