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Indian Economy - Understanding the basics of Indian economic system

Study Notes

06-Aug-21

Indian Economists Dr Jagdish Bhagwati and Dr C Rangarajan conferred with inaugural Prof CR Rao Centenary Gold Medal

Two Indian economic scholars, Dr Jagdish Bhagwati and Dr C Rangarajan have been conferred with the inaugural Prof CR Rao Centenary Gold Medal (CGM) by the Indian Econometric Society (TIES) Trust.
The award has been constituted by the TIES to commemorate the contribution of Prof Rao, an Indian-American mathematician and statistician, who is the founder president of the TIES, and doyen of mathematical statistics.
The award will be given once in two years to an Indian or Indian-origin scholar for her/his lifetime contributions to the fields of theoretical and applied aspects of quantitative economics, and official statistics.
Prof CR Rao Centenary Gold Medal (CGM) consists of a gold medal and citation.
Dr Bhagwati is a professor of economics, law and international relations at Columbia University and Director of the Raj Centre on Indian Economic Policies.
Dr Rangarajan is the former chairman, Economic Advisory Council of the Prime Minister and former governor, Reserve Bank of India (RBI).

By: Rohit Middha

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