In March 2012, the Government of India honoured Dr. Panagariya with the Padma Bhushan, the third highest civilian honour in the country, bestowed in any field.
From January 2015 to August 2017, he served as the first Vice Chairman of the NITI Aayog, Government of India at the rank of Cabinet Minister. During these years, he also served as India’s G20 Sherpa, and led the Indian teams that negotiated the G20 communiqués during the presidencies of Turkey (2015), China (2016) and Germany (2017).
Dr. Panagariya is a former Chief Economist of the Asian Development Bank and was a faculty of the Department of Economics, at the University of Maryland, at College Park, from 1978 to 2003. During these years, he also worked with the World Bank, IMF and UNCTAD in various capacities.
Dr. Panagariya has authored more than fifteen books. His book – India: The Emerging Giant (2008, OUP, New York) was listed as the top pick of 2008 by The Economist and described as the “definitive book on the Indian economy” by Fareed Zakaria of the CNN. The Economist has described his book – Why Growth Matters (with Jagdish Bhagwati) – as “a manifesto for policymakers and analysts”.
Scientific papers by Dr. Panagariya have appeared in top journals. He writes a monthly column in the Times of India and his guest columns have appeared in the The Financial Times, Wall Street Journal and India Today.
He holds a Ph.D. degree in Economics from Princeton University.