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Indian economic growth has slowed, inflation is persistently high and both the fiscal deficit and current account deficit remain worryingly large. NCAER analyses all these issues, highlighting obstacles to growth and providing policy solutions.
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Saurabh Bandyopadhyay

Saurabh Bandyopadhyay is a Fellow at NCAER.  He has worked in the areas of industry, infrastructure, agriculture, and consumer demand, including in projects with important field survey components.  His recent research includes work on transport, including understanding freight demand for Indian Railways and an earlier study for the Railways on passenger demand, and on the aviation sector to estimate the economic and regional impacts of an international airline’s operations.   He is currently working as part of a team on developing a skills index for the states of India for a large research project on understanding the demand and supply factors for skilling in India, and is likely to begin work on a study of the medium and long-term competitiveness of the Indian Railways. Bandyopadhyay received his PhD in economics from Jawaharlal Nehru University and an MSc in economics from the University of Calcutta.

 
Kaushik Basu

Kaushik Basu is Professor of Economics and the C. Marks Professor of International Studies at Cornell University, and former Senior Vice President and Chief Economist of the World Bank (2012-16). From December 2009 to July 2012 he served as the Chief Economic Advisor (CEA) to the Government of India at the Ministry of Finance. Till 2009 he was Chairman of the Department of Economics and during 2006-9 he was Director of the Center for Analytic Economics at Cornell. Earlier he was Professor of Economics at the Delhi School of Economics, where in 1992 he founded the Centre for Development Economics in Delhi was its first Executive Director. He is also a founding member of the Madras School of Economics

 

In May 2008 he was awarded one of India’s highest civilian awards, the Padma Bhushan, by the President of India. He has received several honorary degrees, including doctorates from IIT Bombay, Fordham University New York and Bath University, England.

 

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Jagdish Bhagwati

Jagdish Bhagwati is University Professor (Economics, Law, and International Affairs) at Columbia University. He has been economic policy adviser the Director-General of GATT (1991-93), special adviser to the UN on globalization, and external adviser to the WTO. He has served on the expert group appointed by the director-general of the WTO on the future of the WTO and was  a member of the Eminent Persons Group on the future of UNCTAD. Recently, he has been co-chair with President Halonen of Finland of the Eminent Persons Group on Developing Countries in the World Economy. He received his BA in Economics from Cambridge University and a Ph.D. in Economics from MIT.

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Bornali Bhandari

Bornali Bhandari is a Senior Fellow at NCAER with a background in international economics and macroeconomics, specifically focusing on the impact of globalisation on development. Currently she is engaged in analysing and assessing the progress and prospects of implementing Direct Benefit Transfers in states and Union Territories. Her wider research interests include analysis of skilling from a 3-E perspective (education, employability and employment), infrastructure, particularly the roads and ICT sectors, G-20 issues like climate change financing and reserve currency, FDI and trade-related issues. She also oversees the production of NCAER’s macro publications, the Quarterly Review of the Economy, and Quarterly Business Expectations Survey. 

 

Bornali received her PhD in Economics from the University of Oregon, Eugene, USA.

 
 
Shashanka Bhide

Dr Shashanka Bhide is a Senior Advisor, Research Programmes, at NCAER. He was associated with NCAER from 1982 to 2014 in different capacities. After leaving NCAER in July 2014, he took up the position of Director, Madras Institute of Development Studies, Chennai until his retirement in December 2018. His research has covered a number of areas in agriculture, macroeconomic modelling, infrastructure and poverty analysis. He has published extensively, including co-authoring and editing books and journal articles in these fields. Shashanka currently also serves as a member of the Monetary Policy Committee (MPC) of RBI and Board of Governors of the Institute for Social and Economic Change in Bangalore.