It is a pleasure and a privilege to be asked to write a Foreword for such a scholarly treatise as that of Prof. Das Gupta’s on Paper Currency in India. The literature of Indian Currency is already rich and has been of late increasing in volume as well as maintanining its quality. The days are gone by when the late Prof. Marshall could say "There are five thousand pages of able reports for the students of India Econommics but no good text books." ...