- Profile
- Publications
- Teaching
- Current Research
Educational Background:
- Ph.D, University of Pennsylvania, 1964
- Chairman, Economic Advisory Council to the Prime Minister since 2009 – 2014.
- Member, Rajya Sabha (2008-09)
- Chairman, Economic Advisory Council to the Prime Minister (2005-08)
- Chairman, Twelfth Finance Commission (2003-04)
- Governor, Andhra Pradesh (1997-2002) with an Additional Charge of Governor, Orissa (1998-99) and Governor, Tamil Nadu (2001-02)
- Governor, Reserve Bank of India (1992-97)
- Member, Planning Commission (1991-92)
- Member, Tenth Finance Commission (1992)
- Dy. Governor, Reserve Bank of India ( 1982-91)
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- Chirmule Puraskar 2016 Award in Economics, Finance and Banking by W.G. alias Annasaheb Chirmule Charitable Trust in 2017
- “The Indian Econometric Society FELLOW” by TIES Trust, 2016
- Lifetime Achievement Award by Adding Smiles Ambassador Awards in 2016.
- Sivananda Eminent Citizen Award by Sanathana Dharma Charitable Trust in 2016
- Conferred Honorary Rotarian by the Rotary Club of Chennai in 2015.
- Awarded ‘GITAM Foundation Annual Award’ by GITAM University, Visakhapatnam in 2014.
- Lifetime Achievement Award by Cyber Security & Privacy Foundation, Chennai in 2014
- Honorary Doctorate (Honoris Causa) by Davangere University in 2013.
- Lifetime Achievement Award, Financial Express, 2010
- Lifetime Achievement Award, Business World, 2010
- D.Sc. Degree (Honoris Causa), University of Hyderabad, 2010.
- National Corporate Award, India Corporate Week 2009.
- Hall of Fame Award presented by Outlook Money and NDTV, 2008
- Ravi J. Mathai National Fellow Award, AIMS, 2007
- Awarded Padma Vibhushan by the President of India in January, 2002
- Alumni award for outstanding leadership by the Wharton India Economic Forum, University of Pennsylvania , 2002
- Award for Economics 1998 (The Financial Express award at the Annual Conference of the Indian Economic Association)
- Finance Man of the Decade, Bombay Management Association, 1998.
- Award of Excellence in Finance, Bank of India, 1998
- Honorary Fellow, Indian Institute of Management, Ahmedabad, 1997
- Business Man of the Year, Madras Management Association, 1997
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- Chairman, Madras School of Economics
- Chairman, C.R. Rao Institute of Mathematics, Statistics and Computer Science, Hyderabad
- Chairman, GENOME Foundation
- Chancellor, University of Hyderabad
- Chancellor, The ICFAI Foundation for Higher Education, Hyderabad
- Chairman, Committee to look into the Design of Future Production Sharing Contracts in Hydrocarbon Exploration. ( 2012)
- Chairman, Committee on Deregulation of Sugar Sector (2012)
- Chairman, Expert Group to Review the Methodology for Measuring Poverty. (2012)
- Chairman, High Level Expert Committee to suggest measures for effective management of Public Expenditure, Planning Commission (2011)
- Chairman, Expert Group to formulate a Jobs Plan for Jammu and Kashmir formed by the Prime Minister (2011)
- Chairman, High level Committee on Estimation of Saving and Investment (2007-09)
- Chairman, Committee on Financial Inclusion (2006-08)
- Chairman, Independent Commission on AIDS in Asia and Pacific, UNAIDS (2006-2008)
- Chairman, Task force on Jammu and Kashmir, Constituted by PM (2005-06)
- Chairman, Committee to Review the Statistical System in the Country (2000-01) Committees Chaired:
- “Growth Compulsions, Fiscal Arithmetic”, The Hindu, September 28, 2020.
- “Look for an Inflatable Model”, Economic Times, September 22, 2020.
- “India’s Growth Prospects and Policy Options: Emerging from the Pandemic’s Shadow”, Indian Public Policy Review 2020, 1(1): 3-20
- “A safety net, post Covid: We need to provide minimum income for poor and vulnerable”, Indian Express, July 03, 2020.
- "The Contours of Recovery”, Indian Express, June 3, 2020.
- “Slower Growth and a Tighter Fiscal”, The Hindu, May 9, 2020.
- “Lockdown with a Human Face”, Indian Express, April 25, 2020.
- “Devil, Us, the Deep Blue Sea”, The Economic Times, April 2, 2020.
- “Dressing a Wounded Economy”, The Hindu, March 26, 2020.
- “Can the Budget Reverse the Slowdown?”, Hindu Business Line, February 26, 2020.
- “The New Monetary Policy Framework – What it Means”, NIPFP Working paper, No. 297, February 21, 2020.
- “Is this Budgetary Shrug Really a Nudge Enough for Private Investment to Pick Up?, The Economic Times, February 2, 2020.
- Budget Well Meaning, but May Miss Deficit Target”, Times of India, February 2, 2020.
- Economic Slowdown: What should the Budget Address?, The Hindu Business Line, January 24, 2020.
- Key Steps to Kick-starting the Economy, The Hindu, December 25, 2019.
- Some Key Lessons from the NPA Crisis, Co-author B.Sambamurthy, Hindu Business Line, December 18, 2019.
- Mind the Statistics Gap, Co-author S. Mahendra Dev, Indian Express, December 13, 2019.
- Raise Growth, Reduce Poverty, Co-author S. Mahendra Dev, Times of India, November 19, 2019.
- Facts of Life, Co-author J K Satia, The Indian Express, November 2, 2019.
- The Macro Arithmetic of Corporate Tax Cuts, Co- author D.K. Srivastava, The Hindu Business Line, October 3, 2019.
- Spend to Grow, Co- author, D.K. Srivastava, The Indian Express, September 17, 2019.
- Increasing Investment to Stimulate Growth, Co- author D.K. Srivastava, The Hindu, August 23, 2019.
- No Direct Measure, But can Feel-Good Spur Private Investment?, The Economic Times, July 6, 2019.
- Will Investor Sentiment Change?, The Times of India, July 6, 2019.
- Measuring GDP: Confusion Worse Confounded, Co-author N.R. Bhanumurthy, The Hindu Business Line, July 2, 2019.
- What is a Right Fiscal Deficit, Co-author D.K. Srivastava, The Economic Times, June 11, 2019.
- Government’s Key Agenda Must Be to Accelerate Growth, The Hindu, May 29, 2019.
- Resolving India’s Banking Crisis, Co-author T. T. Ram Mohan, The Hindu, May 11, 2019.
- Another Look at Fiscal Transfers, The Hindu, March 25, 2019.
- View: Much more consumption than on investment, The Economic Times, February 02, 2019.
- Removing the roots of farmers’ distress, The Hindu, January 28, 2019.
- Hope with concerns in 2019, The Hindu, January 4, 2019
- In a spirit of accommodation, The Hindu, The Hindu, November 30, 2018
- Poverty in all its faces, The Indian Express, November 8, 2018
- Supporting farmers, the middle way, The Indian Express, August 28, 2018
- Growth may pick up, but concerns remain, The Hindu, August 14, 2018
- The Intriguing Picture of Investment, Business Line, June 15, 2018.
- How to Stand by its Side, Economic Times, May 26, 2018.
- Some Issues in External Sector Management, Economic & Political Weekly May 26, 2018 Vol. LIII No. 21, pp. 34-42
- Balancing Conflicting Claims, The Hindu, May 19, 2018.
- Analyzing Rainfall Impact on Farm Output, Business Line, May 17, 2018.
- How the Data Sets Stack up?,The Hindu, April 4, 2018.
- Equitable Reforms for Equitable Growth, Industrial Economist Golden Jubilee commemorative issue, 15 March 2018.
- Are Fiscal Risks Increasing?, The Hindu, February 10, 2018.
- Underlying Drivers of India’s Potential Growth, Economic & Political Weekly EPW JUNE 24, 2017 Vol. LII Nos. 25 & 26
- Let’s talk about a supplemental income, The Hindu, August 7, 2017.
- Time for Course Correction, The Hindu, September 13, 2017.
- MPC’s Inflation Data Dilemma, Business Line, September 19, 2017.
- Determinants of India’s Exports, Journal of Quantitative Economics, Volume 15, Issue 3, pp. 629 – 646, September 2017.
- Avoid the Adventurous Path, The Hindu, October 17, 2017.
- A Way to Manage Falling Prices of Pulses, Business Line, November 29, 2017.
- Getting Back on Tract, The Hindu, December 8, 2017.
- GST, a Work in Progress, The Hindu, December 22, 2017.
- Focussed Spending, but Deficit a Concern, Business Line, February 9, 2018.
- A Well-intentioned Budget, Business Line, February 6, 2017.
- How to Account for Extinguished Notes, Mint, December 5, 2016.
- Making the most of Demonetization, Business Line, November 15, 2016
- Watering the Green Shoots, The Hindu, November 14, 2016.
- Inflation Targeting: Policy Put the Kettle on, Economic Times, November 2, 2016.
- How India Banked on Reforms , Business Line, August 17, 2016.
- Reforms are here to say, The Hindu July 27, 2016.
- Making Sense of Brexit, The Hindu, July 14, 2016
- RBI and the Liquidity Question, Business Line, June 02, 2016.
- Can India Grow at 8 to 9 Percent?, The Hindu, May 14, 2016.
- A Higher Well-being, The Indian Express, April 29, 2016.
- 1991’s Golden Transaction, The Indian Express, March 28, 2016.
- Full Marks on Fiscal Deficit, The Hindu, March 08, 2016.
- Rangarajan, C. (2016), Preface: “India’s Reform Experience – Some Lessons”, in Sameer Kochhar, The Untold Story of Indian Reforms 1991-2016, pp. ix – xx, Skoch Media Publications, Haryana
- Who Will Belt the Cat?, The Economic Times, February 23, 2016.
- The Path of Reforms, The Week, February 21, 2016.
- Reduce Corporate Tax Rate, The Hindu, February 12, 2016.
- Improve the Investment Climate, The Hindu, January 12, 2016.
- New Year Resolutions, The Economic Times, January 01, 2016.
- How Deep is India’s Poverty?, Co-author S. Mahendra Dev, The Indian Express, December 15, 2015.
- Understanding the CPI-WPI Divergence, Co-author R. Kannan, Business Line, November 28, 2015.
- Hop, Skip, Jump, The Indian Express, November 10, 2015.
- Reforms Need to Reach the Needy, The Hindu, October 29, 2015.
- GST, by Other Means, Co-author M. Govinda Rao, The Indian Express, August 28, 2015
- Accountability with Autonomy, The Hindu, August, 12, 2015.
- The Measure of Poverty, The Indian Express, July 20, 2015.
- Issues in India’s External Sector, Money and Finance, pp.49-67, July 2015.
- Economic Growth: Concerns and Challenges, Rotary News, June 2015, Vol. 65, Issue 12, pp.30-31.
- From Emotion to Motion, Economic Times, May 25, 2015.
- Growth: The Next Steps to be Taken, The Hindu, May 01, 2015
- Policy Wants a Cracker, The Economic Times, February 26, 2015.
- All about short-lived Slowdown – Business Line, February 23, 2015.
- The Twist in the Growth Story - The Hindu, February 5, 2015.
- Counting the Poor: Measurement and Other Issues co-author S Mahendra Dev, Economic and Political Weekly,January 10, 2015, Vol. L No. 2, pp. 70 – 74.
- Understand Inflation Targeting – The Hindu, December 8, 2014.
- Two Industry Indices that don’t match, Business Line, October 1, 2014.
- Growth and Investment: the Interlinks - Speedy completion of projects is the short term answer, Business Line, September 13, 2014.
- Needed, a Growth Commission, The Hindu, August 28, 2014, p.11.
- The Need to Measure Poverty, The Hindu, August 7, 2014, p.11
- Milestone set, but road map not clear, The Hindu, July 19, 2014, p. 12.
- Developments in the Workforce between 2009-10 and 2011-12, co-author Seema, Vibeesh EM, Economic and Political Weekly, June 7, 2014. Vol. XLIX No. 23.
- How India Banked on Reforms, Business Line, August 17, 2016.
- Reforms are here to say, The Hindu July 27, 2016.
- Making Sense of Brexit, The Hindu, July 14, 2016.
- RBI and the Liquidity Question, Business Line, June 02, 2016.
- Can India Grow at 8 to 9 Percent?, The Hindu, May 14, 2016.
- A Higher Well-being, The Indian Express, April 29, 2016.
- 1991’s Golden Transaction, The Indian Express, March 28, 2016.
- Full Marks on Fiscal Deficit, The Hindu, March 08, 2016.
- Rangarajan, C. (2016), Preface: India’s Reform Experience – Some Lessons, in Sameer Kochhar, The Untold Story of Indian Reforms 1991-2016, pp. ix – xx, Skoch Media Publications, Haryana
- Who Will Belt the Cat?, The Economic Times, February 23, 2016.
- The Path of Reforms, The Week, February 21, 2016.
- Reduce Corporate Tax Rate, The Hindu, February 12, 2016.
- Improve the Investment Climate, The Hindu, January 12, 2016
- New Year Resolutions, The Economic Times, January 01, 2016.
- How Deep is India’s Poverty?, Co-author S. Mahendra Dev, The Indian Express, December 15, 2015.
- Understanding the CPI-WPI Divergence, Co-author R. Kannan, Business Line, November 28, 2015.
- Hop, Skip, Jump, The Indian Express, November 10, 2015.
- Reforms Need to Reach the Needy, The Hindu, October 29, 2015.
- GST, by Other Means, Co-author M. Govinda Rao, The Indian Express, August 28, 2015
- Accountability with Autonomy, The Hindu, August, 12, 2015.
- The Measure of Poverty, The Indian Express, July 20, 2015.
- Issues in India’s External Sector, Money and Finance, pp.49-67, July 2015.
- Economic Growth: Concerns and Challenges, Rotary News, June 2015, Vol. 65, Issue 12, pp.30-31.
- From Emotion to Motion, Economic Times, May 25, 2015.
- Growth: The Next Steps to be Taken, The Hindu, May 01, 2015
- Policy Wants a Cracker, The Economic Times, February 26, 2015.
- All about short-lived Slowdown – Business Line, February 23, 2015.
- The Twist in the Growth Story - The Hindu, February 5, 2015.
- Counting the Poor: Measurement and Other Issues, co-author S Mahendra Dev, Economic and Political Weekly, January 10, 2015, Vol. L No. 2, pp. 70 – 74.
- Understand Inflation Targeting – The Hindu, December 8, 2014.
- Two Industry Indices that don’t match, Business Line, October 1, 2014.
- Growth and Investment: the Interlinks - Speedy completion of projects is the short term answer, Business Line, September 13, 2014.
- Needed, a Growth Commission, The Hindu, August 28, 2014, p.11.
- The Need to Measure Poverty, The Hindu, August 7, 2014, p.11
- Milestone set, but road map not clear, The Hindu, July 19, 2014, p. 12.
- Developments in the Workforce between 2009-10 and 2011-12, co-author Seema, Vibeesh EM, Economic and Political Weekly, June 7, 2014. Vol. XLIX No. 23.
Academic Experience:
- Professor of Economics, Indian Institute of Management, Ahmedabad (1968-91)
- Visiting Professor, New York University, Graduate School of Business Administration, New York (1972-73)
- Visiting Associate Professor, New York University, Graduate School of Business Administration, New York (1966-68)
- Professor of Economics, Indian Statistical Institute (Planning Unit), New Delhi (1956-66)
- Reader, Rajasthan University, Jaipur (1964-65)
- Lecturer, Wharton School of Finance and Commerce, University of Pennsylvania, Philadelphia (1963-64)
- Lecturer, Loyola College, Madras (1954-58)
- Fellow, International Food Policy Research Institute, Washington, 1981