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Dr. Acharya is Member (part-time),
Twelfth Finance Commission and Reserve
Bank Chair Professor at the Indian Council
for Research on International Economic Relations (ICRIER).
His previous assignment was as Chief
Economic Adviser to the Ministry of
Finance (in the rank of Secretary to the Government
of India), a position he served in from April 1993 to
December, 2000. During those eight years he was closely
associated with the government’s programme of
economic reforms as well as with overall macroeconomic
management of the economy, including budget and tax
policies, monetary policy and foreign trade and payments
policies. He frequently represented Government of India
at international meetings and conferences on economic
and financial matters. He was also involved in the development
of India’s capital market, including through his
role as Member, Securities and Exchange Board
of India (SEBI). He was a member of the Prime
Minister’s Economic Advisory Council,
2000-2003.
Dr. Acharya graduated with First Class
Honours in B.A. (Politics, Philosophy and Economics)
in Oxford University (1967) and holds a Ph. D. in Economics
from Harvard University (1972). He worked in the World
Bank from 1971 to 1982 and held several senior
positions including Director, World Development
Report, 1979 and Research Adviser to
the World Bank (1979 to 1982). In 1982 he returned to
India as Senior Fellow in National Institute
of Public Finance and Policy. He joined the
Finance Ministry in February 1985 as
Economic Adviser and served in that
capacity till July 1990 when be became Senior
Adviser (in the rank of Additional Secretary
to the Government of India).
Aside from being the principal author
of World Development Report,
1979 and Aspects of the Black
Economy in India (1986), he has published
numerous papers and articles in scholarly journals and
contributed chapters to several books. His recent book,
India’s Economy:Some Issues and Answers
was released by Dr. Manmohan Singh (now Prime Minister
of India) in September 2003. He also writes a monthly
column on economic issues in the Business Standard
and is an occasional consultant to international institutions.
He is currently a Board Member of the
National Council of Applied & Economic
Research (NCAER), Indian Council
for Research on International Economic Relations (ICRIER),
the National Institute of Public Finance
and Policy (NIPFP) and Kotak Mahindra
Bank, Ltd.
Dr. Acharya was a Senior Visiting Research
Fellow at Merton College, Oxford University
in Spring 2000 and in Stanford University
in Spring 2002. He has frequently delivered invited
lectures in India and abroad.
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