Important Functionaries

Shri N.K. Singh
Mr. N.K. Singh is a prominent Indian economist, academician, and policymaker. He is currently Chairman of the 15th Finance Commission, a body established under the Indian Constitution to oversee revenue sharing and other federal fiscal policy matters. Prior to this position, he presided as Chairman of the Fiscal Responsibility and Budget Management Review Committee (FRBM), responsible for setting targets for the government to reduce fiscal deficits. He also served as a member of the Upper House of the Parliament, the Rajya Sabha, from 2008 to 2014, during which time he contributed to several prominent Parliamentary Standing Committees including the Public Accounts Committee, the Committee on Foreign Affairs, and the Committee on Human Resource Development.

Dr Michael Debabrata Patra
Dr. Michael Debabrata Patra is an economist, and career central banker for four decades. He has also worked in the International Monetary Fund as Senior Advisor during 2008-12. As Deputy Governor of the Reserve Bank of India during 2020 to 2025, he has been responsible for monetary policy, financial markets, financial stability, economic and policy research, statistics and information management, international relations and corporate strategy, besides overall coordination. He has also been a founder member of the Monetary Policy Committee of the RBI, which is entrusted with monetary policy decision-making in India.

Professor Sabyasachi Kar
Sabyasachi Kar is the Director at the Institute of Economic Growth. He also holds the RBI Chair Professorship at the institute. Professor Kar has held an Honorary Senior Research Fellowship at the University of Manchester, UK, and been a Research Partner at the ESRC GPID research network based at the King’s College London. He is a member of the committee on Regional Accounts set up by MOSPI, Government of India, and of the CII Economic Affairs Council. He has numerous academic publications in national and international journals of repute and his latest books include ‘The Political Economy of India’s Growth Episodes’, published by Palgrave Macmillan, UK, and “How LMICs Could Increase Productivity”, published by Asian Productivity Organization, Tokyo.
Professor Kar received his Ph.D. in Economics from the Jawaharlal Nehru University and his academic research spans macroeconomics, economic growth, development economics and political economy, with a particular focus on the Indian economy. Over the years, he has worked closely with government organizations such as the Indian Planning Commission, and later with the NITI Aayog, contributing macroeconomic projections and other inputs to the formulation of economic policy for the Indian economy. He has collaborated academically with international organizations like the World Bank, the Global Development Network (GDN), the European Commission, and the DFID, UK. He has also held the RBI Chair Professorship at the National Institute of Public Finance and Policy and was Co-editor of the Journal of South Asian Development.