C. Rangarajan: Difference between revisions

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{{short description|Indian politician and economist}}
{{short description|Indian politician and economist}}
{{BLP sources|date=December 2024}}
{{EngvarB|date=September 2014}}
{{EngvarB|date=September 2014}}
{{Use dmy dates|date=September 2014}}
{{Use dmy dates|date=September 2014}}
{{BLP more footnotes|date=January 2012}}
{{BLP more footnotes needed|date=January 2012}}
{{Infobox officeholder
{{Indian name|Rangarajan|Chakravarthi}}{{Infobox officeholder
| honorific-prefix    =  
| honorific-prefix    =  
| honorific-suffix    =  
| honorific-suffix    =  
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| successor          = [[Bibek Debroy]]
| successor          = [[Bibek Debroy]]
| term1              = 2005 – 2008
| term1              = 2005 – 2008
| predecessor1        = Suresh D. Tendulkar
| predecessor1        = [[Suresh Tendulkar]]
| office2            = [[Member of Parliament (India)|Member of Rajya Sabha]]
| office2            = [[Member of Parliament (India)|Member of Rajya Sabha]]
| term_start2        = August 2008
| term_start2        = August 2008
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| term_start3        = 2003
| term_start3        = 2003
| term_end3          = 2004
| term_end3          = 2004
| office4            = [[Governor of Andhra Pradesh]]
| predecessor3        = [[A. M. Khusro]]
| successor3          = [[Vijay Kelkar]]
| office4            = 16th [[List of governors of Andhra Pradesh|Governor of Andhra Pradesh]]
| term_start4        = 24 November 1997
| term_start4        = 24 November 1997
| term_end4          = 3 January 2003
| term_end4          = 3 January 2003
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| profession          = [[Economist]]<br>[[Civil servant]]
| profession          = [[Economist]]<br>[[Civil servant]]
| party              = [[Independent (politician)|Independent]]
| party              = [[Independent (politician)|Independent]]
| alma_mater          = {{nowrap|[[National College, Tiruchirappalli|National College, Trichy]]<br />[[University of Madras]] ([[B.A.]])<br />[[University of Pennsylvania]] ([[Ph.D.]])}}
| alma_mater          = {{nowrap|[[National College, Tiruchirappalli|National College, Trichy]]<br />[[University of Madras]] ([[Bachelor of Arts|B.A.]])<br />[[University of Pennsylvania]] ([[Ph.D.]])}}
| predecessor7        =  
| predecessor7        =  
| successor7          =  
| successor7          =  
| signature          = C. Rangarajan signature-en.jpg
| signature          = C. Rangarajan signature-en.jpg
}}
}}
'''Chakravarthi Rangarajan''' (born 1932) is an Indian economist, a former Member of Parliament and 19th Governor of the [[Reserve Bank of India]]. He is the former Chairman of the Prime Minister's [[Economic Advisory Council]], he resigned the day the [[United Progressive Alliance|UPA]] lost power. He is also the Chairman of the [[Madras School of Economics]]; former President of the [[Indian Statistical Institute]]; the Founding Chairman of the [[CR Rao Advanced Institute of Mathematics, Statistics and Computer Science]]; former Chancellor of the [[University of Hyderabad]]; and a professor in [[Ahmedabad University]].<ref>{{cite web |title=Notification |url=http://www.uohyd.ac.in/images/pdf/chancellor_notif_080415.pdf |date=8 April 2015 |publisher=University of Hyderabad: Office of the Registrar |access-date=18 May 2015 }}{{Dead link|date=June 2021 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
'''Chakravarthi Rangarajan''' (born 1932) is an Indian economist, a former Member of Parliament and 19th governor of the [[Reserve Bank of India]]. He is the former chairman of the Prime Minister's [[Economic Advisory Council]]; he resigned the day the [[United Progressive Alliance|UPA]] lost power. He is also the Chairman of the [[Madras School of Economics]]; former president of the [[Indian Statistical Institute]]; the founding chairman of the [[CR Rao Advanced Institute of Mathematics, Statistics and Computer Science]]; former chancellor of the [[University of Hyderabad]]; and a professor in [[Ahmedabad University]].<ref>{{cite web |title=Notification |url=http://www.uohyd.ac.in/images/pdf/chancellor_notif_080415.pdf |archive-url=https://web.archive.org/web/20230712191455/https://uohyd.ac.in/images/pdf/chancellor_notif_080415.pdf |url-status=dead |archive-date=12 July 2023 |date=8 April 2015 |publisher=University of Hyderabad: Office of the Registrar |access-date=18 May 2015 }}</ref>


==Early life==
==Early life==
Rangarajan, a student of National College ([[Tiruchirappalli]]) between 1947 and 1949, graduated from [[Loyola College, Chennai|Loyola College]] of the [[University of Madras]] in the commerce stream (where he was a contemporary of the [[Yale University]] economics professor [[T N Srinivasan]]). He later received his PhD in economics from the [[University of Pennsylvania]] in 1964. His thesis was titled "Variability of Demand Deposits".<ref>{{cite book|title=Variability of Demand Deposits|oclc=244986124}}</ref>
Rangarajan, a student of National College ([[Tiruchirappalli]]) between 1947 and 1949, graduated from [[Loyola College, Chennai|Loyola College]] of the [[University of Madras]] in the commerce stream (where he was a contemporary of the [[Yale University]] economics professor [[T N Srinivasan]]). He later received his PhD in economics from the [[University of Pennsylvania]] in 1964. His thesis was titled "Variability of Demand Deposits.<ref>{{cite book|title=Variability of Demand Deposits|oclc=244986124}}</ref> He is a native of Vaduvur, a tiny village near [[Thanjavur]].


==Career==
==Career==
Rangarajan taught at several institutions including the [[University of Pennsylvania]] and the [[Indian Institute of Management, Ahmedabad]] (IIM-A). He was a well known teacher of economics at IIMA for the postgraduate and the doctoral courses. His textbook on macro economics was used in business management schools.<ref>{{cite book |title=Principles of Macroeconomics|publisher=Tata McGraw-Hill Education|year=2001 |isbn= 978-0-07-096581-2 |first=Chakravarthi |last=Rangarajan|author2=Dholakia, B}}</ref>
Rangarajan taught at several institutions including the [[University of Pennsylvania]] and the [[Indian Institute of Management, Ahmedabad]] (IIM-A). He was a well known teacher of economics at IIMA for the postgraduate and the doctoral courses. His textbook on macro economics was used in business management schools.<ref>{{cite book |title=Principles of Macroeconomics|publisher=Tata McGraw-Hill Education|year=2001 |isbn= 978-0-07-096581-2 |first=Chakravarthi |last=Rangarajan|author2=Dholakia, B}}</ref>
He was awarded the title of Honorary Fellow of IIM-A in 1997.{{Citation needed|date= September 2015}}
He was awarded the title of Honorary Fellow of IIM-A in 1997.{{Citation needed|date= December  2024|reason=source needed to verify}}


He served as a Deputy Governor of the Reserve Bank of India from 1982 to 1991, after which he served as the Governor of the [[Reserve Bank of India]] between 22 December 1992 and 21 December 1997.{{Citation needed|date= September 2015}}
He served as a deputy governor of the Reserve Bank of India from 1982 to 1991, after which he served as the governor of the [[Reserve Bank of India]] between 22 December 1992 and 21 December 1997.{{Citation needed|date= December  2024|reason=source needed to verify}}


He served as the [[Governor of Andhra Pradesh]] from 24 November 1997 to 3 January 2003. After demitting that office, he took charge as the chairman of the Twelfth Finance Commission.{{Citation needed|date= September 2015}} While serving as the governor of Andhra Pradesh, he received additional charges as governor of [[Odisha]] from 1998 to 1999, and as governor of [[Tamil Nadu]] from 2001 to 2002.<ref>{{cite web |title=List of Honourable Governors as of 12/11/2016 |url=http://odishaassembly.nic.in/statisticsmembers.aspx?x=1 |year=2016 |website=Official Web Site of Odisha Legislative Assembly |access-date=12 November 2016}}</ref><ref>{{cite journal |title=Bio - Data of Governors of Orissa |url=http://orissa.gov.in/e-magazine/orissaannualreference/OR-Annual-2009/pdf/405-418.pdf |date=2009 |archive-url=https://web.archive.org/web/20131219030651/http://orissa.gov.in/e-magazine/orissaannualreference/OR-Annual-2009/pdf/405-418.pdf |archive-date=19 December 2013 |journal=Orissa Reference Annual - 2009 |publisher=[[Government of Odisha]] |access-date=18 May 2015}}</ref>
He served as the [[governor of Andhra Pradesh]] from 24 November 1997 to 3 January 2003. After demitting that office, he took charge as the chairman of the Twelfth Finance Commission.{{Citation needed|date= December  2024|reason=source needed to verify}} While serving as the governor of Andhra Pradesh, he received additional charges as governor of [[Odisha]] from 1998 to 1999, and as governor of [[Tamil Nadu]] from 2001 to 2002.<ref>{{cite web |title=List of Honourable Governors as of 12/11/2016 |url=http://odishaassembly.nic.in/statisticsmembers.aspx?x=1 |year=2016 |website=Official Web Site of Odisha Legislative Assembly |access-date=12 November 2016}}</ref><ref>{{cite journal |title=Bio - Data of Governors of Orissa |url=http://orissa.gov.in/e-magazine/orissaannualreference/OR-Annual-2009/pdf/405-418.pdf |date=2009 |archive-url=https://web.archive.org/web/20131219030651/http://orissa.gov.in/e-magazine/orissaannualreference/OR-Annual-2009/pdf/405-418.pdf |archive-date=19 December 2013 |journal=Orissa Reference Annual - 2009 |publisher=[[Government of Odisha]] |access-date=18 May 2015}}</ref>


In 2002, the [[Government of India]] awarded him the [[Padma Vibhushan]], India's second highest civilian award.<ref>{{Cite web|url=http://www.dashboard-padmaawards.gov.in/?Award=Padma%20Vibhushan&Year=2002-2002|title=Padma Awards {{!}} Interactive Dashboard|website=www.dashboard-padmaawards.gov.in|language=en|access-date=2018-10-12}}</ref>
In 2002, the [[Government of India]] awarded him the [[Padma Vibhushan]], India's second highest civilian award.<ref>{{Cite web|url=http://www.dashboard-padmaawards.gov.in/?Award=Padma%20Vibhushan&Year=2002-2002|title=Padma Awards {{!}} Interactive Dashboard|website=www.dashboard-padmaawards.gov.in|language=en|access-date=2018-10-12|archive-date=12 October 2018|archive-url=https://web.archive.org/web/20181012140258/http://www.dashboard-padmaawards.gov.in/?Award=Padma%20Vibhushan&Year=2002-2002|url-status=dead}}</ref> Academy of Grassroots Studies and Research of India (AGRASRI), Tirupati, awarded him the Rajiv Gandhi Outstanding Leadership National Award for the year 2008 on 20 August, 2008 at Tirupati. He delivered the 7th Rajiv Gandhi Memorial Lecture on 20 August, 2008 at Tirupati.


From 2005 to 2008, he was the chairman of the [[Economic Advisory Council|Prime Minister's Economic Advisory Council]]. In August 2008, he resigned as chairman of the Council and was nominated as a member of the Rajya Sabha.<ref>{{cite web
From 2005 to 2008, he was the chairman of the [[Economic Advisory Council|Prime Minister's Economic Advisory Council]]. In August 2008, he resigned as chairman of the council and was nominated as a member of the Rajya Sabha.<ref>{{cite web
  |url=http://www.rbi.org.in/scripts/governors.aspx  
  |url=http://www.rbi.org.in/scripts/governors.aspx  
  |title=List of Governors  
  |title=List of Governors  
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}}
}}
</ref> He resigned from the Rajya Sabha in August 2009 and was re-appointed as chairman of the Prime Minister's Economic Advisory Council. He resigned from the Council on 19 May 2014, when the UPA government was voted out of power. Since then, he has been the chairman of the [[Madras School of Economics]] and has been writing and publishing on issues pertaining to the economy.
</ref> He resigned from the Rajya Sabha in August 2009 and was re-appointed chairman of the Prime Minister's Economic Advisory Council. He resigned from the Council on 19 May 2014, when the UPA government was voted out of power. Since then, he has been the chairman of the [[Madras School of Economics]] and has been writing and publishing on issues pertaining to the economy.{{Citation needed|date= December  2024|reason=source needed to verify}}


In May 2020, the Tamil Nadu government formed a high-level committee, chaired by Rangarajan, to advise the government on the medium-term response after the COVID-19 lockdown period. The committee submitted its report in September 2020, recommending an urban jobs guarantee program, similar to the state's rural one, and expressing optimism about the economy's ability to rebound in two months' time.<ref>{{cite news |title=Tamil Nadu's economy to revive to pre-Covid-19 period in two months: Former RBI Governor C Rangarajan |url=https://www.newindianexpress.com/states/tamil-nadu/2020/sep/22/tamil-nadus-economy-to-revive-to-pre-covid-19-period-in-two-months-former-rbi-governor-c-rangarajan-2200330.html |date=22 September 2020 |newspaper=[[The New Indian Express]] |agency=[[Press Trust of India]] |access-date=4 December 2020}}</ref>
In May 2020, the Tamil Nadu government formed a high-level committee, chaired by Rangarajan, to advise the government on the medium-term response after the COVID-19 lockdown period. The committee submitted its report in September 2020, recommending an urban jobs guarantee program, similar to the state's rural one, and expressing optimism about the economy's ability to rebound in two months' time.<ref>{{cite news |title=Tamil Nadu's economy to revive to pre-Covid-19 period in two months: Former RBI Governor C Rangarajan |url=https://www.newindianexpress.com/states/tamil-nadu/2020/sep/22/tamil-nadus-economy-to-revive-to-pre-covid-19-period-in-two-months-former-rbi-governor-c-rangarajan-2200330.html |date=22 September 2020 |newspaper=[[The New Indian Express]] |agency=[[Press Trust of India]] |access-date=4 December 2020}}</ref>
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==External links==
==External links==
* [http://rspas.anu.edu.au/asarc/narayanan_speaker.php?searchterm=2001 A brief note on C. Rangarajan]
* [http://rspas.anu.edu.au/asarc/narayanan_speaker.php?searchterm=2001 A brief note on C. Rangarajan] {{Webarchive|url=https://web.archive.org/web/20070831070725/http://rspas.anu.edu.au/asarc/narayanan_speaker.php?searchterm=2001 |date=31 August 2007 }}
* [http://www.thehindubusinessline.com/bline/2003/01/04/stories/2003010402370500.htm Rangarajan joins finance panel]
* [http://www.thehindubusinessline.com/bline/2003/01/04/stories/2003010402370500.htm Rangarajan joins finance panel]
* [https://web.archive.org/web/20070416001033/http://fincomindia.nic.in/drcrangarajan.htm Dr.C.Rangarajan, Chairman Twelfth Finance Commission]
* [https://web.archive.org/web/20070416001033/http://fincomindia.nic.in/drcrangarajan.htm Dr.C.Rangarajan, Chairman Twelfth Finance Commission]
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{{s-end}}
{{s-end}}
{{Governors of Reserve Bank of India}}
{{Governors of Reserve Bank of India}}
{{Padma Vibhushan Awards}}
{{Padma Vibhushan Awards}}{{Governor of Andhra Pradesh}}{{Governors of Tamil Nadu}}
{{Governors of Tamil Nadu}}
{{Authority control}}
{{Authority control}}


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[[Category:Governors of Tamil Nadu]]
[[Category:Governors of Tamil Nadu]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:Indian Institute of Management Ahmedabad faculty]]
[[Category:Academic staff of the Indian Institute of Management Ahmedabad]]
[[Category:1932 births]]
[[Category:1932 births]]
[[Category:Loyola College, Chennai alumni]]
[[Category:Loyola College, Chennai alumni]]

Latest revision as of 23:43, 13 February 2026


In this Indian name, the name Chakravarthi is a patronymic, and the person should be referred to by the given name, Rangarajan.
C. Rangarajan
Chairman of the Prime Minister's Economic Advisory Council
In office
August 2009 – 16 May 2014
Succeeded byBibek Debroy
In office
2005 – 2008
Preceded bySuresh Tendulkar
Member of Rajya Sabha
In office
August 2008 – August 2009
Chairman of the Twelfth Finance Commission of India
In office
2003–2004
Preceded byA. M. Khusro
Succeeded byVijay Kelkar
16th Governor of Andhra Pradesh
In office
24 November 1997 – 3 January 2003
Preceded byKrishan Kant
Succeeded bySurjit Singh Barnala
19th Governor of Reserve Bank of India
In office
22 December 1992 – 21 November 1997
Preceded byS. Venkitaramanan
Succeeded byBimal Jalan
Member of Planning Commission of Government of India
In office
21 August 1991 – 21 December 1992
Deputy Governor of Reserve Bank of India
In office
12 February 1982 – 20 August 1991
GovernorManmohan Singh
Amitav Ghosh (banker)
R.N. Malhotra
S. Venkitaramanan
Personal details
Political partyIndependent
Alma materNational College, Trichy
University of Madras (B.A.)
University of Pennsylvania (Ph.D.)
ProfessionEconomist
Civil servant
Signature

Chakravarthi Rangarajan (born 1932) is an Indian economist, a former Member of Parliament and 19th governor of the Reserve Bank of India. He is the former chairman of the Prime Minister's Economic Advisory Council; he resigned the day the UPA lost power. He is also the Chairman of the Madras School of Economics; former president of the Indian Statistical Institute; the founding chairman of the CR Rao Advanced Institute of Mathematics, Statistics and Computer Science; former chancellor of the University of Hyderabad; and a professor in Ahmedabad University.[1]

Early life[edit | edit source]

Rangarajan, a student of National College (Tiruchirappalli) between 1947 and 1949, graduated from Loyola College of the University of Madras in the commerce stream (where he was a contemporary of the Yale University economics professor T N Srinivasan). He later received his PhD in economics from the University of Pennsylvania in 1964. His thesis was titled "Variability of Demand Deposits.[2] He is a native of Vaduvur, a tiny village near Thanjavur.

Career[edit | edit source]

Rangarajan taught at several institutions including the University of Pennsylvania and the Indian Institute of Management, Ahmedabad (IIM-A). He was a well known teacher of economics at IIMA for the postgraduate and the doctoral courses. His textbook on macro economics was used in business management schools.[3] He was awarded the title of Honorary Fellow of IIM-A in 1997.[citation needed]

He served as a deputy governor of the Reserve Bank of India from 1982 to 1991, after which he served as the governor of the Reserve Bank of India between 22 December 1992 and 21 December 1997.[citation needed]

He served as the governor of Andhra Pradesh from 24 November 1997 to 3 January 2003. After demitting that office, he took charge as the chairman of the Twelfth Finance Commission.[citation needed] While serving as the governor of Andhra Pradesh, he received additional charges as governor of Odisha from 1998 to 1999, and as governor of Tamil Nadu from 2001 to 2002.[4][5]

In 2002, the Government of India awarded him the Padma Vibhushan, India's second highest civilian award.[6] Academy of Grassroots Studies and Research of India (AGRASRI), Tirupati, awarded him the Rajiv Gandhi Outstanding Leadership National Award for the year 2008 on 20 August, 2008 at Tirupati. He delivered the 7th Rajiv Gandhi Memorial Lecture on 20 August, 2008 at Tirupati.

From 2005 to 2008, he was the chairman of the Prime Minister's Economic Advisory Council. In August 2008, he resigned as chairman of the council and was nominated as a member of the Rajya Sabha.[7] He resigned from the Rajya Sabha in August 2009 and was re-appointed chairman of the Prime Minister's Economic Advisory Council. He resigned from the Council on 19 May 2014, when the UPA government was voted out of power. Since then, he has been the chairman of the Madras School of Economics and has been writing and publishing on issues pertaining to the economy.[citation needed]

In May 2020, the Tamil Nadu government formed a high-level committee, chaired by Rangarajan, to advise the government on the medium-term response after the COVID-19 lockdown period. The committee submitted its report in September 2020, recommending an urban jobs guarantee program, similar to the state's rural one, and expressing optimism about the economy's ability to rebound in two months' time.[8]

References[edit | edit source]

  1. ↑ "Notification" (PDF). University of Hyderabad: Office of the Registrar. 8 April 2015. Archived from the original (PDF) on 12 July 2023. Retrieved 18 May 2015.
  2. ↑ Variability of Demand Deposits. OCLC 244986124.
  3. ↑ Rangarajan, Chakravarthi; Dholakia, B (2001). Principles of Macroeconomics. Tata McGraw-Hill Education. ISBN 978-0-07-096581-2.
  4. ↑ "List of Honourable Governors as of 12/11/2016". Official Web Site of Odisha Legislative Assembly. 2016. Retrieved 12 November 2016.
  5. ↑ "Bio - Data of Governors of Orissa" (PDF). Orissa Reference Annual - 2009. Government of Odisha. 2009. Archived from the original (PDF) on 19 December 2013. Retrieved 18 May 2015.
  6. ↑ "Padma Awards | Interactive Dashboard". www.dashboard-padmaawards.gov.in. Archived from the original on 12 October 2018. Retrieved 12 October 2018.
  7. ↑ "List of Governors". Reserve Bank of India. Archived from the original on 16 September 2008. Retrieved 8 December 2006.
  8. ↑ "Tamil Nadu's economy to revive to pre-Covid-19 period in two months: Former RBI Governor C Rangarajan". The New Indian Express. Press Trust of India. 22 September 2020. Retrieved 4 December 2020.

External links[edit | edit source]

Preceded by
G. Ramanujam 		C Rangarajan
Governor of Andhra Pradesh
24 November 1997 – 3 January 2003 		Succeeded by
Surjit Singh Barnala
Preceded by
K.V. Raghunatha Reddy 		Governor of Odisha
Apr 1998– Nov 1999 		Succeeded by
M. M. Rajendran

Template:Governor of Andhra Pradesh

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