New Delhi: Arvind Panagariya, credited with the works as the chief economist at the Asian Development Bank, is likely to be Prime Minister Narendra Modi’s pick for the vice-chairman of the new Neeti Ayog (Policy Commission).The Neeti Ayog will replace the five-decade old Planning Commission.
The body will be headed by a vice-chairman, not deputy chairman as was the case in the Commission.
The new body will comprise the office of Direct Benefit Transfer (DBT), Unique Identification Authority of India (UIDAI), the inter-state councils and Programme Evaluation. Each of the four departments will be headed by a secretary-level officer.
A few of these departments are currently under the Planning Commission, while some function with the ministries.
Panagariya, 62, has acquired a reputation as an expert on economic reforms, may be conveying himself as a reformer aiming to make the Prime Minister Narendra Modi’s economic reform more efficient.
An academic with a doctorate in in Economics from Princeton University, Panagariya worked in the World Bank, International Monetary Fund, World Trade Organization, and the United Nations Conference on Trade and Development (UNCTAD).
A former professor at Economics and Co-director, Center for International Economics, University of Maryland at College Park, Panagariya and current Professor of Indian Political Economy in the Department of International and Public Affairs and of Economics, at Columbia University, was born at Jaipur in Rajasthan.
He was earlier tipped to be the economic advisor to Prime Minister Narendra Modi.