Governing body
The governing body of NIPFP comprises of three representatives of the Ministry of Finance, one representative of the Planning Commission of India, one representative of the Reserve Bank of India, three representatives of sponsoring State governments, three distinguished economists, three heads of sister research institutions, and members of other sponsoring agencies and invitees. At present, Dr. Urjit Patel, former Governor of the Reserve Bank of India, is the Chairman of the Governing Body.
In a meeting held on 18th June, 2020, the Governing Body reconstituted itself for a further period of 4 years i.e. from April 5, 2020to April 4, 2024.
List of current members on the Governing Body are:
Dr. Urjit Patel Chairman
NIPFP
Insert rich-text block Member
Chief Economic Adviser
Ministry of Finance
Government of India
North Block
New Delhi 110001
Under Rule 7(b)(ii)
One nominee of the RBI
Dr. Rajiv Ranjan Member
Executive Director
Reserve Bank of India
24th floor, Central Office
Shaheed Bhagat Singh Marg,
FortMumbai-400 001
Under Rule 7(b)(iii)One nominee of the Planning Commission
Dr. Pravakar Sahoo Member
Senior Lead (Economics and Finance)
NITI Aayog
Parliament Street
New Delhi-110001
Under Rule 7(b)(iv)
Three nominees of sponsoring State Govts.
Shri Akhil Arora, IAS Member
Additional Chief Secretary (Finance)
Government of Rajasthan
1st Floor, Main Building,
Government Secretariat, Janpath,
Jaipur-302005, Rajasthan
Shri Deepak Kumar Member
Additional Chief Secretary, Finance
and Finance Commissioner
Government of Uttar Pradesh
Room No. 60, Navin Bhawan
First Floor, U.P. Secretariat,
Lucknow - 226001
Dr. Vijay Namdeorao Zade, IAS Member
Secretary Expenditure
Department of Finance
Government of Punjab
(Finance Pension Policy & Coordination Branch)
Punjab Civil Secretariat, Sector 1
Chandigarh - 160 001
Under Rule 7(b)(vi)
One nominee of the ICICI Bank
Shri B. Prasanna Member
Head – Global Markets
ICICI Bank
ICICI Bank Towers
Bandra-Kurla Complex, Bandra East
Mumbai-400 051
Under Rule 7(b)(vii)
Two nominees of institutions
Shri Ajay Singh Member
President
Associated Chambers of Commerce and Industry of India
5, Sardar Patel Marg
Chankyapuri
(Near Hotel Diplomat)
New Delhi-110 021
Dr. Anish Shah Member
President
Federation of Indian Chambers of Commerce and
Industry
Federation House, Tansen Marg,
New Delhi-110 001
Under Rule 7(b)(viii)
Three eminent economists
Dr. Mala Lalvani Member
Director and Professor Mumbai School of Economics and Public Policy
University of Mumbai
Vidyanagari Campus, Kalina
Santacruz(E)
Mumbai 400 098
Dr. Jyotsna Jalan Member
Professor of Economics
Centre for Studies in Social Sciences
Calcutta
Dr. M. Govinda Rao Member
former member
fourteenth Finance Commission
Under Rule 7(b)(ix)
Three representatives of collaborative inst.
The Director-General
National Council of Applied Economic Research
11, Parisila Bhawan
I.P. Estate, Ring Road
New Delhi – 110 002
Dr. Srinivas Chokkakula Member
President and Chief Executive
Centre for Policy Research
Dharma Marg, Chankyapuri
New Delhi 110 021
Under Rule 7(b)(x)
One member to be co-opted by Governing Body
CA, Mangesh Pandurang Kinare,
FCA Member
Council Member of ICAI
C/o Deputy Secretary (Council Affairs)
The Institute of Chartered Accountants of India
ICAI Bhawan
I.P. Marg
New Delhi-110 002
Under Rule 7(b)(xi)
Director of the Institute (ex-officio)
Dr. R. Kavita Rao Member
Director, NIPFP, New Delhi
Under Rule 7(b)(xii)
One Senior Fellow of the Institute by rotation
Dr. Mita Choudhury Member
Professor, NIPFP, New Delhi
Special Invitees
Shri Ravi Agarwal Member
Chairman
Central Board of Direct Taxes
Ministry of Finance
Government of India
North Block
New Delhi-110 001
Shri Sanjay Kumar Aggarwal Member
Chairman
Central Board of Indirect Taxes and Customs
Ministry of Finance
Government of India
North Block
New Delhi-110 001