Professor B R Shenoy Memorial Lecture 2025 will be delivered by Professor Arvind Panagariya, Chairman of the Sixteenth Finance Commission of India on 11th July2025.
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đź“„ Lecture Topic: ‘Nehru-Era Economic History and Thought and Their Lasting Impact’.
đź“… Date: Friday, 11 July 2025
⏰ Time: 3:00 PM – 4:30 PM IST
đź“Ť Location: Online via Zoom and YouTube Live
đź”— To register, please RSVP here: Register here!
Arvind Panagariya is a prominent Indian economist known for his contributions to international trade, development economics, and public policy.
Background & Education:
Born on September 30, 1952, in Rajasthan, India
– Earned his B.A. in Economics from Rajasthan University.
– Completed his M.A. in Economics from Delhi School of Economics.
– Received his Ph.D. in Economics from Princeton University (1981) under the supervision of Jagdish Bhagwati.
Academic Career:
– Professor at Columbia University (since 1992), where he holds the Jagdish Bhagwati Professorship in Economics.
– Former Chief Economist of the Asian Development Bank (2007–2009).
– Served as Vice-Chairman of NITI Aayog (National Institution for Transforming India), the Indian government’s policy think tank, from 2015 to 2017.
– Has taught at the University of Maryland, World Bank, and IMF.
Key Contributions & Views:
– A proponent of free-market reforms, globalization, and liberalization in India.
– Advocates for labor law reforms, privatization, and deregulation to boost economic growth.
– Critic of excessive welfare schemes, arguing for fiscal discipline and efficient targeting of subsidies.
– Has written extensively on trade policy, poverty alleviation, and India’s economic reforms.
Notable Books:
– “India: The Emerging Giant” (2008) – Analyzes India’s economic growth post-1991 reforms.
– “Free Trade and Prosperity” (2019) – Defends free trade as a driver of economic success.
– “Economics for India” (2022) – Discusses policy challenges facing India.
Awards & Honors:
– Padma Bhushan (2012) – India’s third-highest civilian award.
– Recognized as one of the top economists in the world by publications like The Economist.
Current Role: – Continues to write and speak on Indian economic policy, often contributing to The Times of India, The Indian Express, and Project Syndicate.
Panagariya remains an influential voice in shaping India’s economic discourse, often advocating for market-driven solutions over government intervention.
