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Arvind Virmani

Expertise: Macroeconomic Policy, Finance, International Trade


Arvind Virmani is President of the Forum for Strategic Initiative ( and of Chintan.

He served as a member of the Technical Advisory Committee of RBI on Monetary Policy from February 2013 to August 2016, as Mentor (Public Policy) to FICCI during 2015-16 and 2016-17.

He was till end-2012, Executive Director at the International Monetary Fund (IMF), Washington DC, representing India (as its Ambassador to IMF), Bangladesh, Sri Lanka and Bhutan.

He has been an adviser to the Indian Government at the highest levels for 25 years, including as Chief Economic Adviser, Ministry of Finance and Principle Adviser, Planning Commission. During this period he advised on a host of economic policy reforms, as Chair of committees on Public Debt management and Customs duty reform, member of numerous committees and over a hundred policy papers and notes. He also served as Member, Telecom Regulatory Authority of India (TRAI) and the Appellate Tribunal for SEBI Act, Chairman, Board of Trustees of SBI Mutual Fund, and Director on the Boards of several financial institutions [LIC, PNB, Allahabad Bank and UTI (Trustee)].

In between he directed the Indian Council for Research on International Economic Relations (ICRIER) as its Chief Executive and was Affiliate Professor, George Mason University (and Distinguished Senior Fellow, School of Public Policy - CEMP, GMU).

He has published 33 journal articles and 20 book chapters in the areas of Macroeconomics, growth and finance, International trade & Tariffs and International relations. His books include, The Sudoku of India’s Growth ( BS Books, 2009), From Uni-polar To Tri polar World: Multi-polar Transition Paradox (Academic Foundation, 2009), Propelling India From Socialist Stagnation To Global Power (2006), Accelerating Growth and Poverty Reduction – A Policy Framework for India’s Development (2004).

Recent Content

Monetise & Modernise - Mantra For PSEs

Newsroom / posted 26-Feb-2021

Competitive India 2030

Newsroom / posted 07-Feb-2021

Bare Necessities Index

Newsroom / posted 01-Feb-2021

Book Discussion: Portraits of Power

Newsroom / posted 01-Feb-2021

Pandemic Crisis 2020: Lessons and reforms

Newsroom / posted 31-Dec-2020

Vocal For Local - Rest India

Newsroom / posted 30-Dec-2020

Did the Govt underestimate the protests?

Newsroom / posted 15-Dec-2020

Are farmers’ Demands Justified?

Newsroom / posted 11-Dec-2020

Unlocking the Entrepreneurial Spirit

Newsroom / posted 31-Oct-2020

India's Path to Economic Recovery

Newsroom / posted 30-Oct-2020

Unlocking the Supply Curve

Newsroom / posted 29-Oct-2020

Unlocking Effective Demand

Newsroom / posted 28-Oct-2020

Policy for Post-Lockdown Indian Economy

Research / Macroeconomics Policy / posted 29-Sep-2020

Agricultural Reforms in India 2020

Newsroom / posted 28-Sep-2020

Q&A Macro; September 9, 2020

Newsroom / posted 13-Sep-2020

New rules of Company, Current Account & RBI

Newsroom / posted 17-Aug-2020

Dynamics Shift & Indian Economy

Newsroom / posted 29-Jul-2020

Effectiveness of Containment Policies: Corona Virus Cases and Death Rates

Research / Population, Health and Nutrition / posted 09-Jul-2020

Impact of COVID & rebuilding process

Newsroom / posted 23-Jun-2020

India's Forex Reserves & Economy

Newsroom / posted 15-Jun-2020

Covid19 Deaths: Variation Across Countries

Newsroom / posted 14-Jun-2020

Goods and Services Tax: Structural Reform

Research / Monetary Policy and Financial Sector / posted 06-Jun-2020

Lockdown Economics: Fiscal Policy during Pandemic Crises

Research / Monetary Policy and Financial Sector / posted 23-May-2020

Bad Bank

Newsroom / posted 20-May-2020

Decoding "Atmanirbhar Bharat"

Newsroom / posted 14-May-2020

Growth Implications of Pandemic

Newsroom / posted 11-May-2020

India in the red

Newsroom / posted 10-May-2020

Urgent cures for Covid-19 economy

Newsroom / posted 08-May-2020

Urgent cures for Covid-19 economy

Newsroom / posted 08-May-2020

Covid 19: Arrival and Departure

Research / Population, Health and Nutrition / posted 06-May-2020

Jaan Bhi Jahaan Bhi

Newsroom / posted 30-Apr-2020

Localising Globalisation

Newsroom / posted 30-Apr-2020

Impact of Covid-19 on Indian economy

Newsroom / posted 25-Apr-2020

Covid-19 may drag GDP growth down to 2.3%

Newsroom / posted 23-Apr-2020

Are we headed for lockdown 3.0?

Newsroom / posted 23-Apr-2020

Growth Implications of Pandemic: Indian Economy

Research / Macroeconomics Policy / posted 20-Apr-2020

जान भी, जहान भी

Newsroom / posted 17-Apr-2020

Macroeconomics of Crisis

Research / Macroeconomics Policy / posted 25-Mar-2020

How To Handle Pandemic Crises?

Newsroom / posted 21-Mar-2020

Growth Recession: J curve of Institutional Reform

Research / Monetary Policy and Financial Sector / posted 26-Feb-2020

Budget 2020 with Dr. Arvind Virmani

Newsroom / posted 04-Feb-2020

Growth Slowdown, Reforms and Recovery

Research / Monetary Policy and Financial Sector / posted 01-Jan-2020

India's World - Nirmala Sitharaman at IMF

Newsroom / posted 22-Oct-2019

Egrow Digital - In Coversation with Dr. Virmani

Digital EGROW / posted 19-Oct-2019

Dr. Virmani talks about India China relation

Digital EGROW / posted 16-Oct-2019

Bipolar World order: 2020-2035

Research / National Security and Diplomacy / posted 14-Oct-2019

Arvind Virmani's comment on Indian Economy

Newsroom / posted 28-Aug-2019

Policy Watch - Direct Tax Code

Newsroom / posted 27-Aug-2019

Policy Reforms for Reversing Slowdown and Accelerating GDP Growth

Research / Monetary Policy and Financial Sector / posted 06-Aug-2019

Special Programme: Budget 2019-2020

Newsroom / posted 06-Jul-2019

GDP estimation in India- Perspectives and Facts

Research / Monetary Policy and Financial Sector / posted 20-Jun-2019

EGROW Shadow Monetary Policy Committee – Recommendations for June 6, 2019

Research / Monetary Policy and Financial Sector / posted 03-Jun-2019

Modi (anti-) intellectual Icon?

Newsroom / posted 25-May-2019

Were There Defects In The NSSO Data?

Newsroom / posted 28-Mar-2019

New India Manthan Leadership Lecture

Newsroom / posted 07-Mar-2019

Reality Check on GST Revenues

Newsroom / posted 05-Jan-2019

Four years of Modi Govt Reforms: A Stock Taking

Research / Macroeconomics Policy / posted 28-Nov-2018

Reforms under Narendra Modi government: A stock taking

Research / Macroeconomics Policy / posted 27-Sep-2018

China's GDP growth may slip to 5%

Research / Macroeconomics Policy / posted 13-Sep-2018

New Performance Indices for Indian States on Education and Health

Research / Population, Health and Nutrition / posted 22-Aug-2018