Raghuram Rajan appointed as new Chief Economic Adviser
Raghuram Rajan appointed as new Chief Economic
Adviser
Former chiefeconomistof the International
Monetary Fund (IMF) Raghuram G. Rajan will take place of Kaushik basu
as the Chief Economic Adviser.
A selection committeewas
made by Prime Minister’s Economic Advisory Council Chairman C
Rangarajan, had shortlisted Rajan’s name after examining
applications of as many as 18 applicants. Rajan, an honorary
economic advisor to Prime Minister Manmohan Singh, had not applied for the
position, but was picked up by the panel itself.
At present Rajan is the
Eric J Gleacher Distinguished Service Professor of Finance at the
University of Chicago’s Booth School of Business.
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