Pranab Mukherjee was an Indian politician who served as the 13th president of India from 2012 until 2017. He was the first person from West Bengal to hold the post of President of India. In a political career spanning five decades, Mukherjee was a senior leader in the Indian National Congress and occupied several ministerial portfolios in the Government of India. Prior to his election as President, Mukherjee was Finance Minister from 2009 to 2012. He was awarded India's highest civilian honour, the Bharat Ratna, in 2019, by his successor as president, Ram Nath Kovind.
Delhi School of Economics (DSE), popularly referred to as D School, is an institution of higher learning within the University of Delhi. The Delhi School of Economics is situated in University of Delhi's North Campus in Maurice Nagar. Established in 1949, the campus of the Delhi School of Economics houses the University of Delhi's departments of Economics, Sociology, Geography and Commerce, as well as the Ratan Tata Library. Out of the four academic departments, the Departments of Economics, Sociology and Geography come under the Faculty of Social Sciences, while the Department of Commerce comes under the Faculty of Commerce and Business Studies.
From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951–2014) and the NITI Aayog (2015–2017). With the prime minister as the ex-officio chairman, the commission has a nominated deputy chairman, who holds the rank of a cabinet minister. Montek Singh Ahluwalia is the last deputy chairman of the commission. The Twelfth Plan completed its term in March 2017. Prior to the Fourth Plan, the allocation of state resources was based on schematic patterns rather than a transparent and objective mechanism, which led to the adoption for the Gadgil formula in 1969. Revised versions of the formula have been used since then to determine the allocation of central assistance for state plans. The new government led by Narendra Modi, elected in 2014, announced the dissolution of the Planning Commission, and its replacement by a think tank called the NITI Aayog.
Raj Krishna was an Indian economist who taught at the Delhi School of Economics. He is most famous for the phrase "Hindu rate of growth" which he coined for India's low rate of GDP growth between the 1950s and 1980s.
Raghuram Govind Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.
The Wharton India Economic Forum (WIEF), established in 1996 at The Wharton School, is a student-run business forum in the United States focused on India. WIEF is one of the largest India-based economic and business conferences in the United States. It is attended by over 800 people annually and receives extensive media coverage in India and the wider business by leading publications, such as The Wall Street Journal, Forbes, The New York Times, The Economic Times and The Times of India.
Sir Chintaman Dwarakanath DeshmukhICS was an Indian civil servant and the first Indian to be appointed the Governor of the Reserve Bank of India in 1943 by the British Raj authorities. He subsequently served as the Finance Minister in the Union Cabinet (1950–1956). It was during this time that he also became a founding member of the Governing Body of NCAER, the National Council of Applied Economic Research in New Delhi, India's first independent economic policy institute established in 1956 at the behest of Prime Minister Jawaharlal Nehru. After resignation from Union Cabinet he worked as Chairman of UGC (1956–1961). He served as Vice-Chancellor of University of Delhi (1962–67). He was also President of Indian Statistical Institute from 1945 to 1964, Honorary Chairman of National Book Trust (1957–60).
Isher Judge Ahluwalia was an Indian economist, public policy researcher, and professor. She was Chairperson Emeritus, Board of Governors, at the Indian Council for Research on International Economic Relations (ICRIER). She had also served as the chairperson of the board of the International Food Policy Research Institute, and the chairperson of the Government of India's High-Powered Committee on Urban Infrastructure Services. She was awarded India's 3rd highest civilian award, Padma Bhushan, in 2009.
Arjun Kumar Sengupta was an Indian economist. He served as a Member of the Parliament of India, representing West Bengal in the Rajya Sabha from 2006 until his death. In addition to being a Parliamentarian, he was one of India's most noted economists, and led a multifaceted career as an academician and economic policy administrator.
The Indian Economic Service is an inter-ministerial and inter-departmental central civil service under Group A of the executive branch of the Government of India. The unique aspect of the service is that the cadre posts are spread across various departments and ministries of central government numbering more than 55. It is a highly specialised and professional service within the Government of India catering to economic analysis and policy advice.
Madras School of Economics (Institute of Special Importance) is an institution of higher education in economics, located in Chennai, India. Madras School of Economics was founded in 1993 as a post-graduate institution for teaching and research in economics. MSE offers a two-year Master's program in General Economics, Financial Economics, Applied Quantitative Finance, Actuarial Economics and Environmental economics affiliated to the Central University of Tamil Nadu, and a Ph.D. programme affiliated to the University of Madras. In April 2018, the AICTE approved Technical Institution started two P. G. Diploma Programs in Financial Engineering and Research & Business Analytics.
The Commission on Growth and Development was an independent body set up by the World Bank chaired by American economist Michael Spence that brought together 22 policy-makers, academics, and business leaders to examine various aspects of economic growth and development.
Vijay L. Kelkar is an Indian economist and academic, who is the chairman of the Forum of Federations, Ottawa & India Development Foundation, New Delhi and chairman of Janwani – a social initiative of the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) in Pune. He has been appointed as a trustee of Sri Sathya Sai Central Trust on 4 January 2014. He was also the chairman of the Finance Commission until January 2010. He was earlier advisor to the Minister of Finance (2002–2004), and is known for his role in economic reforms in India. Prior to this, he remained Finance Secretary, Government of India 1998–1999, and in 1999 he has been nominated as Executive director of India, Bangladesh, Bhutan and Sri Lanka on the board of the International Monetary Fund (IMF).
Rakesh Mohan is an Indian economist and former Deputy Governor of Reserve Bank of India. He is the Vice Chairperson of Indian Institute for Human Settlements. He was appointed in November 2012 as an executive director of the IMF for a three-year term, and in April 2010, he joined Nestlé India, as a non-executive director.
The Centre for India & Global Business is a research centre that was launched in March 2009 as part of the Cambridge Judge Business School at the University of Cambridge, England, to support the university's growing engagement with India.
12th Five Year Plan of the Government of India (2012–17) was India's last Five Year Plan.
Gita Gopinath is an Indian-American economist who has served as the first deputy managing director of the International Monetary Fund (IMF), since 21 January 2022. She had previously served as chief economist of the IMF between 2019 and 2022.
The Emerging Markets Forum (EMF) is an accredited non-profit, 501(c)(3) organization dedicated to developing dialogue on economic, financial, and social issues facing emerging market economies. EMF advocates for increased dialogue between government and corporate leaders through its global forum events. Its motto is "Bringing people together to accelerate growth and well-being in emerging markets."
Shaktikanta Das is serving as the current & 25th governor of the Reserve Bank of India (RBI). He was earlier a member of the Fifteenth Finance Commission and India's Sherpa to the G20. Das is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre.
The India Observatory (IO) is a research unit at the London School of Economics and Political Science (LSE).
