Arvind Panagariya was often outspoken on issues including labour reforms, privatisation of Air India and sick PSUs, for which RSS-affiliate Bharatiya Mazdoor Sangh (BMS) had accused Niti Aayog of furthering corporate lobby’s agenda in the country.
“Insurance and banking industry are risk-based sectors. People working here have to tackle lots of risks to be productive. Their decision shouldn’t be misunderstood by government authorities always,’’ Kant said.
Niti Aayog proposal for privatising public hospitals is ill-designed, driven by ideology more than welfare
Niti Aayog vice-chairman designate Rajiv Kumar on Tuesday said the structure of the Goods and Services Tax (GST) was not the “first best” but policymaking is the art of choosing the second best.
Niti Aayog’s new vice-chairman revives a longago spectre that is out of place in the modern economy
Rajiv Kumar has held senior positions in the Ministries of Industries and Finance, and is currently serving as founding director of Pahle India Foundation, a non-profit financial, economic and political research think-tank.
Draft national energy policy falls short of striking a sustainable balance, or clarifying lines of accountability
The appointment for post of Niti Aayog V-C was necessitated as incumbent Panagariya on August 1 had announced that he will leave the government think-tank on August 31 and return to Columbia University. Panagariya had joined Niti Aayog in January 2015.
Rajiv Kumar has been a senior fellow at the Centre for Policy Research, the secretary general of the Federation of Indian Chambers of Commerce and Industry, and chief economist at the Confederation of Indian Industry.
Rajiv Kumar was a senior fellow at public policy think-tank Centre for Policy and Research (CPR) and has authored several books on the Indian economy and India’s national security. Earlier this week, 64-year-old Panagairya had stepped down as vice-chairman of the Niti Aayog.
Panagariya had written: “It has been a true privilege for me to serve under you for these past two and a half years. I would like to say that this has been dream come true. No previous leader has shown the courage to appoint ‘an outsider’ at this level in the government of India.”
In January, Arvind Panagariya had raised the first red flag on the possibility of taxpayers being harassed post-demonetisation and had reportedly written to the Prime Minister’s Office.
Noting that “your departments are acting against what you have promised the people of India”, Mahajan wrote that the “prices of most essential commodities are too high for the majority of people”.
Panagariya said the university was not giving him further extension and he would be leaving Niti Aayog on August 31. He said he had met Modi two months ago to convey the situation, but was in touch with the authorities there to try and get his leave extended
Indian American economist Arvind Panagariya has resigned as the vice chairman of government think tank NITI Aayog. He will hold the position till August 31 upon which he will return to take up his academic role at the University of Columbia in New York where he teaches economics.