(Last Updated on : 27/01/2014)
Indian economists are known throughout the world for their immense contribution in the economic prosperity of the country. Basically, they are the scholars who have specialized in the vast field of economics. Indian economists mainly deal with the study of various concepts of economics. Moreover, they also devise such methods that are required to measure as well as fuel the growth of economic prosperity of the country. It can be aptly said that Indian economists have tried and changed the world for a better tomorrow. Precisely, some of the Indian economists have also presented several theories and hence created models that explain the basic functioning of the world economy as a whole. These economists do a thorough research and study the market dynamics both on macro and micro levels. Apart from studying the dynamics of economics, they also contributed in formulating some broad rational theories in order to make a more balanced world.
Some of the renowned Indian economists are -
Prof Jagdish N. Bhagwati:
Professor Jagdish N. Bhagwati was born in the year 1934 in Mumbai
and is a professor of economics at Columbia University and is one of the leading international trade economists. He also served the UN as Special Adviser on issues like globalization. Further, he also worked as External Adviser to WTO Director General., India. Jagdish N. Bhagwati
graduated in Commerce stream from Bombay University and later pursued his post graduation from Cambridge.
He returned back to India in the year 1961 and served at the Indian Statistical Institute
as a Professor of Economics. Later on, he also served at the Delhi School of Economics as a Professor of International Trade. Prof Jagdish N. Bhagwati has received several esteemed awards including the Bernhard Harms Prize (Germany), the Mahalanobis Memorial Medal (India), the Freedom Prize (Switzerland), and more.
Professor Amartya Sen is one of the popular economists of India. Amartya Sen
is considered as a great economist and social thinker. He was awarded the Prestigious Noble Prize for welfare economics in market oriented economics. This noble laureate was born in the year 1933 at Shantiniketan
, West Bengal
. After completing his initial education from Shantiniketan and Kolkata
, he moving to Trinity College, Cambridge, and earned a Ph.D. in the year 1959. Amartya Sen has taught economics at several well known economy institutes.
: Arindam Chaudhuri is one of the well known Indian economists. He is the founder "The Great Indian Dream Foundation" and "Planman group of companies". Arindam Chaudhuri received his Post Graduate Diploma in Planning and Entrepreneurship degree in the year 1992 from The Indian Institute of Planning and Management. He has received several awards for his contribution in the economic sector of the country. Arindam Chaudhuri was also appointed for the Planning Commission of India
in 2004 as Consultative Committee member.
Bimal Jalan: Bimal Jalan
, is a former Governor of the Reserve Bank of India for two terms. He was also a nominated member of the Rajya Sabha
during 2003 - 2009. Bimal Jalan was born in the year 1941. He graduated from Presidency College
, Kolkata and later moved to Cambridge and Oxford Universities. Bimal Jalan is one of the leading economic bureaucrats of the country. He held several administrative as well as advisory positions in the Government of India
. Bimal Jalan was the Chief Economic Adviser, Banking Secretary, and Finance Secretary. Further, he has also been the Member-Secretary of the Planning Commission.
Dr. Manmohan Singh: Dr. Manmohan Singh
is the Prime Minister of India. He was born in the year 1932 and is the first Sikh to hold the post. Dr. Manmohan Singh held different positions, like he was the Governor of Reserve Bank of India, Deputy Chairman of the Planning Commission and the Finance Minister of India. Dr. Manmohan Singh graduated from Punjab University, the University of Cambridge, and the University of Oxford. He was appointed as the Union Finance Minister in the year 1991.
Amiya Kumar Bagchi, Abhijit Sen, Prabhat Patnaik, Sanjeev Sanyal and Vijay Shankar Vyas are other well known economists of India.