non liberal
T. T. Krishnamachari
Also known as: TTK, टी. टी. कृष्णमाचारी, कृष्णमाचारी
How T. T. Krishnamachari is discussed in this archive
Referenced in 21 other works , including Minoo Shroff on His Uncle A D Shroff , MUTUAL FUNDS AND OFFSHORE FUNDS IN INDIA , and Discrimination Between the Two Sectors .
In Minoo Shroff on His Uncle A D Shroff : The transcript's 'Krishnamurti' rebuking Shroff over 'free enterprise' as 'exploitation' matches the well-known T.
In MUTUAL FUNDS AND OFFSHORE FUNDS IN INDIA : Dave traces UTI's institutional lineage to T.
In समस्याएँ भारत की : T.
In Discrimination Between the Two Sectors : Master pairs T.
In Is Socialism Outdated? : Palkhivala marshals Krishnamachari's 5 June 1964 reversal — following Nehru's May 1964 reassurance against bank nationalisation — as evidence of Cabinet drift on the question and a sign that 'the Cabinet alone should speak as a body'.
Mentioned in (51)
Primary works (43)
- Minoo Shroff on His Uncle A D Shroff · 2015
- "when he was rebuked by Krishnamurti that this is all no freedom, all enterprise, what he meant was exploitation" · Public clash over free enterprise
- "Who are the chaps who got in through the STC? Who are the chaps who got the licenses for coal mining? Who are the licenses who got for aircraft?" · Shroff's retort about who actually benefited from the licensing regime
- MUTUAL FUNDS AND OFFSHORE FUNDS IN INDIA · 1991
- "He traces UTI from Shri T. T. Krishnamachari's 1963 pitch to Pandit Jawaharlal Nehru" · Krishnamachari credited as the political originator of UTI
- "UTI's lineage is traced from T. T. Krishnamachari's letter to Nehru to Krishnamachari's later piloting of the UTI Bill" · extends Krishnamachari's role from idea to legislation
- समस्याएँ भारत की · 1988
- "the Agricultural Price Commission (established partly on the recommendations of a 1965 committee chaired by T.T. Krishnamachari) is structurally incapable of ensuring remunerative prices" · Essay 3 names Krishnamachari's 1965 committee as the institutional ancestor of the price-suppression mechanism Joshi treats as the engine of rural distress
- ROLE OF FINANCIAL INSTITUTIONS IN ECONOMIC DEVELOPMENT · 1983
- Freedom First · 1981
- Freedom First · 1977
- Freedom First · 1968
- Discrimination Between the Two Sectors · 1966
- "Finance Ministers Morarji R. Desai (1962-63) and T. T. Krishnamachari (1964-65) to show that even the Government now concedes that public-sector units must earn 'adequate' profits and build reserves for future expansion" · Krishnamachari's statement is used alongside Desai's to establish cross-ministerial admission of the principle that public enterprises must be financially accountable
- "Uses speeches of Finance Ministers Morarji R. Desai and T. T. Krishnamachari to show the Government concedes the Public Sector must earn 'adequate returns'" · Krishnamachari is one of two Finance Ministers whose own words are deployed against the discriminatory treatment of the private sector
- Is Socialism Outdated? · 1966
- "Records Nehru's 22 May 1964 reassurance against bank nationalisation and T. T. Krishnamachari's 5 June 1964 reversal as evidence of Cabinet drift." · key-points restatement of the Krishnamachari reversal as Palkhivala's chief evidence of policy incoherence
- "citing Nehru's May 1964 reassurance and T. T. Krishnamachari's June 1964 reversal as evidence that 'the Cabinet alone should speak as a body'" · Krishnamachari's reversal anchors Palkhivala's complaint about cabinet drift on bank nationalisation
- THE ECONOMIC IMPLICATIONS OF THE UNION BUDGET FOR 1966-67 · 1966
- An Analysis of Union Budget 1965-66 · 1965
- "He opens by praising Finance Minister T. T. Krishnamachari for being unusually transparent — for the first time the budget papers, especially the Economic Survey, allow the tax-payer to see the country's true position" · opening of Shroff's analysis; TTK is the budget's author and Shroff's immediate interlocutor throughout the pamphlet
- PROFITS IN A PLANNED ECONOMY · 1965
- The Fourth Plan · 1965
- Freedom First · 1964
- Freedom First · 1963
- …and 28 more
Opinion pieces (1)
- The Aborted Promise of Economic Liberalisation in Mid-1960s
- "the key members of the Shastri cabinet (T T Krishnamachari, C Subramaniam, Asoka Mehta) were devoid of an ideological commitment to socialism, sans the labor minister D Sanjivayya." · lists TTK among the market-oriented ministers who enabled Shastri's liberalisation push
Excerpts (4)
- Has Private Enterprise Failed?
- "Mr. T. T. Krishnamachari, who was then the Union Minister for Commerce and Industry, at Madurai on 4th of August. In the course of his speech, he observed that "Private Enterprise has failed me"" · TTK's ministerial indictment of private enterprise is the specific charge Shroff's address sets out to rebut
- Is Socialism Outdated?
- "Mr. T. T. Krishnamachari announced that "nationalisation should be the last step in any effort to control banks."" · TTK's assurance against premature nationalisation is one of several ministerial statements Palkhivala marshals to show policy incoherence
- N. A. Palkhivala's Views on Socialism
- "Mr. T. T. Krishnamachari announced that "nationalisation should be the last step in any effort to control banks."" · Krishnamachari's statement cited as an inconsistent public assurance on bank nationalisation
- The Place of Free Enterprise in a Backward Economy
- "Shri T. T. Krishnamachari, the Finance Minister, has declared that the Second Plan would demand sacrifice and regimentation of our economy" · Krishnamachari's statement used as evidence of the government's explicitly regimented economic programme