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RESUME

EDUCATION / Qualification:

1950: Stood first in BA (Hons), Economics, Punjab University , Chandigarh

1952; Stood first in MA (Economics), Punjab University , Chandigarh ,

1954; Wright's Prize for distinguished performance at St John's College , Cambridge ,

1955 and 1957; Wrenbury scholar, University of Cambridge ,

1957; DPhil ( Oxford ), DLitt (Honoris Causa); PhD thesis on India 's export competitiveness

OCCUPATION / Teaching Experience:

Professor (Senior lecturer, Economics, 1957-59;

Reader, Economics, 1959-63;

Professor, Economics, Punjab University , Chandigarh , 1963-65;

Professor, International Trade, Delhi School of Economics , University of Delhi,1969-71

Honorary professor, Jawaharlal Nehru University , New Delhi ,1976 and Delhi

School of Economics , University of Delhi ,1996 and Civil Servant

Working Experience / POSITIONS::

1971-72: Economic advisor, ministry of foreign trade

1972-76: Chief economic advisor, ministry of finance

1976-80: Director, Reserve Bank of India

Director, Industrial Development Bank of India ;

Alternate governor for India , Board of governors, Asian Development Bank;

Alternate governor for India , Board of governors, IBRD

November 1976 - April 1980: Secretary, ministry of finance (Department of economic affairs);

Member, finance, Atomic Energy Commission; Member, finance, Space Commission

April 1980 - September 15, 1982 : Member-secretary, Planning Commission

1980-83: Chairman , India Committee of the Indo-Japan joint study committee

September 16, 1982 - January 14, 1985 : Governor, Reserve Bank of India .

1982-85: Alternate Governor for India Board of governors, International Monetary Fund

1983-84: Member, economic advisory council to the Prime Minister

1985: President, Indian Economic Association

January 15, 1985 - July 31, 1987 : Deputy Chairman, Planning Commission

August 1, 1987 - November 10, 19! 90: Secretary-general and commissioner,south commission, Geneva

December 10, 1990 - March 14, 1991 : Advisor to the Prime Minister on economic affairs

March 15, 1991 - June 20, 1991 : Chairman, UGC

June 21, 1991 - May 15, 1996 : Union finance minister

October 1991: Elected to Rajya Sabha from Assam on Congress ticket

June 1995: Re-elected to Rajya Sabha

1996 onwards: Member, Consultative Committee for the ministry of finance

August 1, 1996 - December 4, 1997: Chairman, Parliamentary standing committee on commerce

March 21, 1998 onwards: Leader of the Opposition, Rajya Sabha

June 5, 1998 onwards: Member, committee on finance

August 13, 1998 onwards: Member, committee on rules

Aug 1998-2001: Member, committee of privileges 2000 onwards: Member, executive committee, Indian parliamentary group

June 2001: Re-elected to Rajya Sabha

Aug 2001 onwards: Member, general purposes committee

BOOKS:

India's Export Trends and Prospects for Self-Sustained Growth Clarendon Press, Oxford University , 1964;
Also published large number of articles in various economic journals.

OTHER ACCOMPLISHMENTS:

Adam Smith Prize, University of Cambridge , 1956
Padma Vibhushan, 1987
Euro money Award, Finance Minister of the Year, 1993;
Asia money Award, Finance Minister of the Year for Asia , 1993 and 1994

INTERNATIONAL ASSIGNMENTS:

1966: Economic Affairs Officer
1966-69: Chief, financing for trade section, UNCTAD
1972-74: Deputy for India in IMF Committee of Twenty on International Monetary Reform
1977-79: Indian delegation to Aid-India Consortium Meetings
1980-82: Indo-Soviet joint planning group meeting
1982: Indo-Soviet monitoring group meeting
1993: Commonwealth Heads of Government Meeting Cyprus 1993: Human Rights World Conference, Vienna