Prof B R Shenoy Memorial Lecture 2024

– Prof. Aravind Panagariya

The Prof. B.R. Shenoy Memorial Lecture 2025 was delivered by Prof. Arvind Panagariya, noted economist and former Vice Chairman of NITI Aayog, on the theme “Nehru-era Economic History and Thought and Their Lasting Impact.”

This year’s theme offered a sharp critique of India’s early planning model, the exclusionary nature of capital-intensive growth, and the relevance of B.R. Shenoy’s dissent in today’s policy debates. Prof. Panagariya underscored how Shenoy’s early warnings on deficit financing and resource misallocation anticipated the reforms of 1991.

Prof. B.R. Shenoy was among the earliest Indian economists to challenge central planning orthodoxy and champion free-market reforms long before they entered the mainstream.

Topic: Nehru-era Economic History and Thought and their Lasting Impact

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Here is where you can access Prof. Aravind Panagariya’s lecture in PDF format.

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You can access the PDFs of past Lectures here: Professor B R Shenoy Memorial Lecture Transcriptions