supply side responses and to launch a campaign to disseminate information about the records they hold in a way that will whet the appetite of potential scholars. 23. as i said earlier, we have just concluded the platinum jubilee celebrations of the reserve bank. the celebrations generated a variety of memorabilia captured in documents, photographs, video clips and films. i would urge the management of the archives to collect all this material, screen it, categorize it and preserve it. i am sure it will have both historic and nostalgic value besides being, i hope, a guide for the future governor as the reserve bank celebrates its centenary in 2035. 24. as jeremy irons, the british actor, once said “ we all have our time machines. some take us back, they ’ re called memories. some take us forward, they ’ re called dreams. ” the rbi archives museum that we are inaugurating today will, i hope, be an effective time machine as we in the reserve bank and all our stakeholders, grapple with our memories of the past and our dreams for the future. 25. the rbi archives, as an institution, has earned a well deserved reputation for the integrity of its contents, for the management of the records and for the professionalism of its staff. the museum that is being inaugurated today is yet another initiative in their continuing pursuit of excellence. i want to compliment the principal of the college of agricultural banking, ms. kamala rajan, the chief archivist shri ashok kapoor and the staff of the archives for the good work they are doing and wish them all the best in furthering the objectives of the archives.

duvvuri subbarao : reserve bank of india archives – way forward comments by dr duvvuri subbarao, governor of the reserve bank of india, at the inauguration of the rbi archives museum : “ evolution of reserve bank of india – 1935 – 2010 ”, pune, 1 june 2010. * * * 1. i am delighted to be here today for the inauguration of the rbi archives museum. you will all recall that we have just concluded the platinum jubilee celebrations of the reserve bank. the events and initiatives that we had taken up as part of the celebrations centred around introspection on the evolution of the reserve bank, reflection on its current and future challenges, and on how the reserve bank can fulfill its objectives even better so that it continues to make a positive difference in the life of every indian. the theme of the museum that we are inaugurating today, “ evolution of the reserve bank – 1935 – 2010 ” is part of that continuing process of our quest to look ahead by looking back. 2. i visited rbi archives when i was here at the cab in june last year. it was a brief visit ; even in that brief visit, i could sense the richness, in terms of historical value, of the material preserved here. i am glad to have an opportunity today to spend more time here and see valuable documents, photographs, artifacts and currency displayed in these archives. i am also happy to note that the archives museum has been recently renovated to accommodate a larger, better and more user friendly display of records. 3. the word “ archive ” traces its origin from the greek word “ arkheion ”, which refers to the home or dwelling of the “ archon ” or the ruler, in which important official state documents are filed and interpreted under the archon ’ s authority. the documents and other material preserved in these archives are similarly valuable for the rich historical content they embody. as they say, the hierarchy of transition is from data to information to knowledge to wisdom. archives such as these aid that hierarchical transition. these archives of the reserve bank are not just an internal store of information for the bank ’ s staff ; they are a record of the events and times that should be of great historical significance. 4. haunted as we often are by an essential dilemma that nobel laureate saul bellow had once posed, “ can we ever forget about remembering? ”, for many of us archives also allow the pursuit of our “ incurable thirst for the