Partha Sarathi Reddy Chevuru

niti_admin — Fri, 17 Mar 2023 20:03:25 +0000

Sat, 03/18/2023 - 01:33

High Speed Train, PPP of Railway Stations and Railway Trains, Asset Monetization(both GoI and States), InvITs and REITs

Room No

235

Extension No

2280

ps[dot]reddy[at]gov[dot]in

Designation

Adviser

Verticals

Public-Private Partnerships

Dr Arvind Virmani

niti_admin — Sat, 18 Feb 2023 12:35:57 +0000

Dr Arvind Virmani

Sat, 02/18/2023 - 18:05

Dr. Arvind Virmani

Member, NITI Aayog

Dr. Arvind Virmani is a Member of NITI Aayog. He specialises in policy & institutional reforms for sustained, fast inclusive economic growth.

He is a macro economist who has bridged the gap between academics, think tanks and policy makers, through research based policy advice and policy oriented research. He played a prominent, professional and advisory role in the economic reforms of the 1990s and 2000s, such as Tax, Tariff, Foreign Exchange, Financial Sector & Expenditure Policy reforms.

He was the founder Chairman of the “Foundation for Economic Growth and Welfare” (EGROW) and President of the Forum for Strategic Initiatives (FSI, Delhi) and has earlier served as Executive Director, IMF, Chief Economic Advisor, Ministry of Finance and Principal Advisor, Planning Commission.

He was Director & Chief Executive of ICRIER and has published over 60 Journal Articles, Books & Chapters, and more than 100 Working and Policy Papers in Macroeconomics, Growth, Tax & Tariff Reform, Foreign Exchange, International Relations and National Security Strategy.

He was a member of the TRAI, a mentor (Public Policy & Economics) to FICCI, and Member of Technical Advisory Committee on Monetary Policy, RBI.

His experience in Finance Sector includes: Chairman, Board of Trustees of SBI Mutual Fund, Director LIC, Member of SEBI Appellate Tribunal and Depositories Act, Member Board of Trustee at UTI and Director in PNB, Allahabad Bank and EXIM Bank.

His Think Tank experience includes: Member, Board of Governors in CPR & RIS, Non-resident Sr. Fellow in Brooking Institution, USA, Affiliate Professor & Distinguished Sr. Fellow in George Mason University, USA.

Contribution to India’s Policy reform includes

Customs Tariff reform: Strategy, timing and phasing of tariff from a peak of 300% in 1990 to 10% in 2002.

Income Tax Reform: Simplification of Personal income tax rate to a three slab system with the highest slab of 30% and fewer exemptions.

Corporate Tax Reform: Simplification & reduction of maximum rate.

Indirect tax: Move of Central Excise Tax System to a Central Value Added Tax (CENVAT), and initiation of the construction of a National VAT, later christened GST.

Trade reform: Design & phasing of Trade liberalization strategy from perspective of Ministry of Finance (Department of Economic Affairs, Department of Revenue).

Trade liberalization phasing progressively from Intermediate goods, to Capital Goods to Consumer goods. Current Account phasing from Trade Account to Current Account.

Capital Account phasing from FDI, to Equity (NRI, FII) to Long Term Debt to Medium Term Debt.

Foreign Exchange Reform: Move from Controlled and Managed Foreign Exchange System to a Dual Exchange Rate and from there to an integrated, but Managed exchange rate. Replacement of the existing laws by a comprehensive new Foreign Exchange Management Act.

Banking & Capital Market Liberalization: Pacing of private entry with Regulatory system improvement. Balancing competition against asymmetric information and moral hazard problems.

Macro management advise on India’s BOP crisis, Latin American crisis, Asian crisis, Nuclear- related sanctions and Global financial crisis. Policy for capital inflow surges.

Advise on Sectoral reform in every Industrial, Infrastructure, Social & Service sector.

Second Generation Reform

Media Interactions:

Sr. No.	Date of Interview (DD/MM/YYYY)	Channel/Institution	Subject of Interview	Web Link
1	31-Jan-23	India Today	Economic Survey	View Link
2	31-Jan-23	CNN News	Union Budget 2023: A Look At The Economic Framework	View Link
3	1-Feb-23	WION	Budget 2023	View Link
4	1-Feb-23	Jan Ki Baat, India News	Budget 2023	View Link
5	1-Feb-23	NDTV - Hindi	Budget 2023	View Link
6	6-Feb-23	PTI	Budget 2023	View Link
7	7-Feb-23	Economic Times	Global Supply Chains	View Link
8	5-Apr-23	TV9 Network	Comparison of India with China & Emerging Opportunities for India	View Link
9	26-Apr-23	Economic Times	FTAs will help India join MNC supply chains	View Link
10	26-Apr-23	PTI	Economic growth, inflation	View Link
11	12-May-23	Financial Express	Recent Economic Development	View Link
12	24-May-23	Mint HT House	Indian Economy	View Link
13	5-Jun-23	ETCFO	India's Economic Growth	View Link
14	8-Jun-23	Informist Media Pvt. Ltd.	Economic Situation	View Link
15	6-Jul-23	Reuters News	Economy and Government Policy	View Link
16	9-Aug-23	The Economic Times	Trade & Investment Policy	View Link
17	5-Sep-23	TV9	G20: THE ECONOMY AGENDA	View Link
18	19-Sep-23	PTI	Economic Growth, Inflation and Economic Reform	View Link
19	21-Sep-23	Financial Express	Macroeconomic issues, including Taxation and Trade pacts	View Link