​Eminent Economist Arvind Panagariya appointed as NITI Aayog vice-chairman

Eminent free-market economist Arvind Panagariya has been appointed as Vice-chairman of National Institution for Transforming India (NITI) Aayog.

NITI Aayog is established by government to function as both a think tank and a policy forum and replaces decades year old Planning Commission.

As a vice chairman, he will play a pivotal role in coordinating economic strategy and hold position similar to cabinet rank minister.

About Arvind Panagariya

  • He is an Indian-American economist and Professor of Economics at Columbia University. He holds a Ph.D. degree in Economics from prestigious Princeton University.
  • He was an ex-Chief Economist at the Asian Development Bank (ADB).
  • He has also worked for the World Bank, International Monetary Fund, World Trade Organization, and the United Nations Conference on Trade and Development (UNCTAD) in various capacities.
  • He has written around 10 books and the latest was India: The Emerging Giant published in 2008.

Other Appointments of NITI Aayog

Full-Time Members:

  • Bibek Debroy- Economist.
  • V.K. Saraswat- Former Secretary Defence R&D.

Ex-officio members:

  • Rajnath Singh- Union Home Minister.
  • Arun Jaitley- Union Finance, Corporate Affairs and Information & Broadcasting Minister.
  • Suresh Prabhu- Union Minister of Railways.
  • Radha Mohan Singh- Union Minister of Agriculture.

Special Invitees:

  • Nitin Gadkari- Union Minister of Road Transport & Highways and Shipping.
  • Thawar Chand Gehlot-Union Minister of Social Justice and Empowerment.
  • Smriti Zubin Irani- Union Minister of Human Resource Development (HRD).

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Categories: Business & Economy Current Affairs 2017India Current Affairs 2017

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