Rakesh Mohan

Rakesh Mohan (born 1948) is an Indian economist and former Deputy Governor of Reserve Bank of India.^[1] He is presently the Vice Chairperson of Indian Institute for Human Settlements.,^[2][3] and in April 2010, he joined Nestle India, as a Non-executive Director.^[4]

He remained an advisor to numerous ministries in Government of India, including industry, and finance, and later became an important part of Indian economic reforms in the 1990s, and his report under the 'Rakesh Mohan Committee on Infrastructure', became a "landmark document in the evolution of thinking on economic policy issues".^[5] He is currently the Professor in the Practice of International Economics of Finance, School of Management, and Senior Fellow, Jackson Institute or Global Affairs at Yale University.

Early life

Rakesh Mohan did his schooling from Mayo College, a boarding school in Rajasthan, followed by BA in Economics, Yale University. Later he did, M.A. in Economics, and Ph.D. from Princeton University;

Career

Rakesh Mohan started his career in urban economics, 1974 to 1988. During this period, as a part of the World Bank's, City Study project, he studied the city of Bogota, Colombia, 1976-1980. He returned to India in 1980, where he first joined the Planning Commission as a senior consultant, while Manmohan Singh was also a member.^[5]

He became the Deputy Governor, Reserve Bank of India (RBI) in September 2002 and moved to North Block in October 2004 as Secretary, Department of Economic Affairs and Chief Economic Advisor to the Finance Minister of India till July 2005, before returning to RBI,^[6] where he remained till June 2009,^[7][8] when he took up an assignment at Stanford Center for International Development at Stanford University, US, and subsequently joined McKinsey and Co.’s economic research wing.^[9] In 2010 back in India from his project, he worked with Nandan Nilekani, Shirish Patel, Keshub Mahindra, Deepak Parekh, to set up Indian Institute for Human Settlements, in Delhi.^[10]

In April 2010, he joined the board of directors of Nestle India.^[6]

Bibliography

• Urban economic and planning models: assessing the potential for cities in developing countries. Johns Hopkins University Press (for the World Bank), 1979. ISBN 080182141X.
• Work, wages, and welfare in a developing, metropolis: consequences of growth in Bogotá, Colombia. A World Bank Publication. Oxford University Press US, 1986. ISBN 0195205405.
• Understanding the developing metropolis: lessons from the city study of Bogotá and Cali, Colombia. A World Bank Publication. Oxford University Press US, 1994. ISBN 019520882X.
• Policy reform in India, with Omkar Goswami, Isher Judge Ahluwalia, Ed. Charles Oman. OECD Publishing, 1996. ISBN 926415308X.
• INDIA'S ECONOMY— Performance and Challenges. with Shankar Acharya (ed.); Oxford University Press. 2010, ISBN 0198064691.^[11]

References

External links

• Indian Institute of Human Settlements, website
• Rakesh Mohan Committee Report - Highlights of the Executive Summary