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 NIPFP 18/2 Satsang Vihar Marg Special Institutional Area (Near JNU) New Delhi- 11 0067	Chairman
Under Rule 7(b)(i) Three nominees of the Ministry of Finance
Shri Arvind Shrivastava, IAS Revenue Secretary Ministry of Finance Government of India North Block New Delhi-110001	Member
Shri Ajay Seth, IAS Secretary (Economic Affairs) Ministry of Finance Government of India North Block New Delhi-110001	Member
Dr. V. Anantha Nageswaran Chief Economic Adviser Ministry of Finance Government of India North Block New Delhi 110001	Member
Under Rule 7(b)(ii) One nominee of the RBI
Dr. Rajiv Ranjan Executive Director Reserve Bank of India 24th floor, Central Office Shaheed Bhagat Singh Marg, Fort Mumbai-400 001	Member
Under Rule 7(b)(iii) One nominee of the Planning Commission
Dr. Pravakar Sahoo Senior Lead (Economics and Finance) NITI Aayog Parliament Street New Delhi-110001	Member
Under Rule 7(b)(iv) Three nominees of sponsoring State Govts.
Shri Akhil Arora, IAS Additional Chief Secretary (Finance) Government of Rajasthan 1st Floor, Main Building, Government Secretariat, Janpath, Jaipur-302005, Rajasthan	Member
Shri Deepak Kumar Additional Chief Secretary, Finance and Finance Commissioner Government of Uttar Pradesh Room No. 60, Navin Bhawan First Floor, U.P. Secretariat, Lucknow - 226001	Member
Dr. Vijay Namdeorao Zade, IAS Secretary Expenditure Department of Finance Government of Punjab (Finance Pension Policy & Coordination Branch) Punjab Civil Secretariat, Sector 1 Chandigarh - 160 001	Member
Under Rule 7(b)(vi) One nominee of the ICICI Bank
Shri B. Prasanna Head – Global Markets ICICI Bank ICICI Bank Towers Bandra-Kurla Complex, Bandra East Mumbai-400 051	Member
Under Rule 7(b)(vii) Two nominees of institutions
Shri Ajay Singh President Associated Chambers of Commerce and Industry of India 5, Sardar Patel Marg Chankyapuri (Near Hotel Diplomat) New Delhi-110 021	Member
Dr. Anish Shah President Federation of Indian Chambers of Commerce and Industry Federation House, Tansen Marg, New Delhi-110 001	Member
Under Rule 7(b)(viii) Three eminent economists
Dr. Mala Lalvani Director and Professor Mumbai School of Economics and Public Policy University of Mumbai Vidyanagari Campus, Kalina Santacruz(E) Mumbai 400 098	Member
Dr. Jyotsna Jalan Professor of Economics Centre for Studies in Social Sciences Calcutta	Member
Dr. M. Govinda Rao former member fourteenth Finance Commission	Member
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	Member
Dr. Srinivas Chokkakula President and Chief Executive Centre for Policy Research Dharma Marg, Chankyapuri New Delhi 110 021	Member
Under Rule 7(b)(x) One member to be co-opted by Governing Body
CA, Mangesh Pandurang Kinare, FCA 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	Member
Under Rule 7(b)(xi) Director of the Institute (ex-officio)
Dr. R. Kavita Rao Director, NIPFP, New Delhi	Member
Under Rule 7(b)(xii) One Senior Fellow of the Institute by rotation
Dr. Mita Choudhury Professor, NIPFP, New Delhi	Member
Special Invitees
Shri Ravi Agarwal Chairman Central Board of Direct Taxes Ministry of Finance Government of India North Block New Delhi-110 001	Member
Shri Sanjay Kumar Aggarwal Chairman Central Board of Indirect Taxes and Customs Ministry of Finance Government of India North Block New Delhi-110 001	Member

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