Friday, March 16, 2012

Sachin Pilot











                  Sachin Pilot (born 7 September 1977) is an Indian member of Parliament. He represents the Ajmer constituency of Rajasthan and is a member of the Indian National Congress. He is presently the Minister of State in the Ministry of Communications and Information Technology. 

Early life

Sachin Pilot was born in Civil lines, Bajoria road, Saharanpur, Uttar Pradesh. He is the son of the deceased Congress(I) leader, Shri. Rajesh Pilot


Education

Higher Secondary. Air Force Bal Bharati School, New Delhi
B.A. (Hons). St. Stephens College, University of Delhi
M.B.A. Wharton Business School, University of Pennsylvania, Philadelphia, USA. Graduated in 2002
10 February 2002. Sachin Pilot was inducted into Indian National Congress party.

13 May 2004. Sachin Pilot was elected to the 14th Lok Sabha (Lower House) seat from the Dausa Parliamentary Constituency of Rajasthan, with a margin of 120,000 votes.
16 May 2009. Elected to the 15th Lok Sabha from the Ajmer Constituency. He had to shift his constituency due to delimitation.
He defeated Bharatiya Janata Party's Kiran Maheshwari by a margin of 76,000 votes, with the GUJJAR support (major community in Ajmer. 
At the age of 26, he became the youngest Member of Parliament in the country.
Mr. Pilot is:
Member of the Indian Parliament's Standing Committee on Home Affairs.
Member of the Consultative Committee in the Ministry of Civil Aviation.
Minister of State in the Ministry of Communications and Technology. (A portfolio held by the late Rajesh Pilot, who held independent charge in P. V. Narasimha Rao government.

Personal life

15 January 2004. Sachin Pilot married Sara Abdullah (daughter of Farooq Abdullah, the National Conference and ex-Chief Minister of Jammu and Kashmir) in Delhi. Currently Sachin Pilot and Sarah Pilot live in Ghaziabad.

Jyotiraditya Madhavrao Scindia





Jyotiraditya Madhavrao Scindia  (born 1 January 1971) is an Indian politician belonging to the Indian National Congress. He is also a member of the 15th Lok Sabha of India representing the Congress party and a Minister of State, Ministry of Commerce and Industry. Shri. Scindia is a descendant of the dynasty belonging to the Scindia Maratha clan that ruled Gwalior State in 17th and 18th centuries, being a grandson of the last princely ruler of Gwalior. In the 26th amendment to the Constitution of India promulgated in 1971, the Government of India abolished all official symbols of princely India, including titles, privileges, and remuneration (privy purses).

Early life

Jyotiraditya was born in Mumbai to Madhavrao Scindia and Madhavi Raje Scindia. Royally his name will be called as “H.H. Ali Jah, Umdat ul-Umara, Hisam us-Sultanat, Mukhtar ul-Mulk, Azim ul-Iqtidar, Rafi-us-Shan, Wala Shikoh, Muhtasham-i-Dauran, Maharajadhiraj Maharaja Shrimant Jyotiraditya Rao Scindia, Shrinath, Mansur-i-Zaman, Fidvi-i-Hazrat-i-Malika-i-Mua’zzama-i-Rafi-ud-Darja-i-Inglistan, Maharaja Scindia of Gwalior. b. at Bombay, 1stJanuary 1971, only son of H.H. Ali Jah, Umdat ul-Umara, Hisam us-Sultanat, Mukhtar ul-Mulk, Azim ul-Iqtidar, Rafi-us-Shan Wala Shikoh, Muhtasham-i-Dauran, Maharajadhiraj Maharaja Shrimant Madhav Rao III Scindia, Shrinath, Mansur-i-Zaman, Fidvi-i-Hazrat-i-Malika-i-Mua’zzama-i-Rafi-ud-Darja-i-Inglistan, Maharaja Scindia of Gwalior, by his wife, H.H. Shrimant Akhand Soubhagyavati Maharani Madhavi Raje Sahib Scindia ”
                                          
                                       He studied at Campion School, Mumbai before going on to The Doon School in Dehradun. After graduating from The Doon School in Dehradun, Shri. Scindia received a B.A. in Economics in 1993 from Harvard University in the United States and an M.B.A. in 2001 from the Stanford Graduate School of Business, also in the United States. He worked as an investment banker for Merrill Lynch and Morgan Stanley and also gained some development experience working as an intern with the UN Economic Development Cell.After doing graduation, he interned with the UN Economic Development Cell and in fact had the distinction of being the only under-graduate intern there. He also did a course in car racing from the U.S. He is known to be one of the most focused and hard-working students at college and also one of the most dedicated workers at his workplace.


Political career

After his father, Madhavrao Scindia, died an untimely death in an unfortunate air crash, the seat in his political constituency fell vacant. Jyotir Aditya Scindia was the natural choice as he knew his constituency well He had campaigned for his father at a mere age of 13! Jyotiraditya Scindia was elected to the Lok Sabha (Lower House of the Indian Parliament) in February 2002 from Guna District - formerly represented by his father - with a margin of victory of more than 450,000 votes. He was re-elected to the 14th Lok Sabha when he won the elections in May 2004. He retained the seat in the 2009 general elections and was inducted in the Cabinet for the first time as Union Minister of State for Commerce & Industry Government of India.
He is also the President of the Board of Governors of Scindia School, Gwalior.


Educational Qualifications 

M.A., M.B.A. Educated at Doon School, Dehradun, Harvard University (U.S.A.) and Stanford University (Graduate School of Business), California (USA) 


Positions held

2002           Elected to 13th Lok Sabha (elected in bye-election)
2002-2004     Member, Committee on Finance,
                         Member, Committee on External Affairs
2004           Re-elected to 14th Lok Sabha (2nd term)
                         Member, Committee on Estimates 
                         Member, Committee on Petitions 
                         Member, Committee on Defence 
                         Member, Committee on Finance 
6 April 2008    Minister of State, Ministry of Communications and Information Technology
2009           Re-elected to 15th Lok Sabha (3rd term) 
2009 onwards Union Minister of State, Commerce and Industry 


Personal life

Jyotiraditya is married to Smt. Priyadarshini, who hails from the erstwhile royal Gaekwad family of Baroda. He has two children, a son, Mahanaryaman Scindia, born in November 1997 and a daughter, Ananya, born April 2002 . His daughter studies at the Sanskriti School in Delhi and his son studies at the Doon School in Dehradun. His wife is involved with the running of the Usha Kiran Hotel and the renovation of the Jai Vilas Palace Museum in Gwalior.

Manmohan Singh




                      Manmohan Singh (Hindi: मनमोहन सिंह  born 26 September 1932) is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. A Sikh, he is the first non-Hindu to occupy the office. Singh is also the 7th Prime Minister from the Indian National Congress (Congress) party. He is a four-time Member of Parliament from the Upper House of the Parliament of India, the Rajya Sabha, representing the state of Assam. His term in the 14th Lok Sabha was from 22 May 2004 to 26 February 2009. In the 15th Lok Sabha his term started 22 May 2009 and is scheduled to continue till 2014.
Born in Gah, Punjab in British India (now Pakistan) in 1932, he migrated to India with his family at the time of Partition in 1947. Singh studied at Punjab University, University of Cambridge and University of Oxford.Thereafter, while Singh was working at United Nations Conference on Trade and Development(UNCTAD), Lalit Narayan Mishra, the then Indian Minister for Foreign Trade, appointed Singh as an advisor to his ministry. He was appointed Governor of the Reserve Bank of India between 1982 and 1985, Deputy Chairman of the Planning Commission of India from 1985 to 1987  and Secretary General of the South Commission from 1987 to 1990. Elected to the Rajya Sabha in 1991, he was inducted into Prime Minister P. V. Narasimha Rao's cabinet as Finance Minister the same year, a post he held until 1996. His tenure as Finance Minister is best remembered for the economic reforms he carried out, which ended the Licence Raj system and helped open the Indian economy.
When the Congress-led United Progressive Alliance (UPA) came to power after the 2004 general elections, Singh became Prime Minister when Congress President Sonia Gandhi unexpectedly declined the position.In 2009, the UPA and Singh were reelected for a second consecutive five year term.
Key legislation passed during his tenure include the National Rural Employment Guarantee Act and the Right to Information Act, 2005. Major initiatives include the National Rural Health Mission of India and the Unique Identification Authority of India.

Early career

After completing his Ph.D., Singh worked for the United Nations Conference on Trade and Development (UNCTAD) from 1966–1969. During the 1970s, he taught at the University of Delhi and worked for the Ministry of Foreign Trade with the former Cabinet Minister for Foreign Trade, Lalit Narayan Mishra. As the Minister of Foreign Trade, Lalit Narayan Mishra was one of the first to recognize Singh's talent as an economist and appointed him his advisor at the Ministry of Foreign Trade. Singh and Mishra first met, coincidentally, on a flight from India to Chile. Mishra was on his way to Santiago, Chile to attend an UNCTAD meeting.
In 1982, he was appointed the Governor of the Reserve Bank of India and held the post until 1985. He went on to become the deputy chairman of thePlanning Commission of India from 1985 to 1987. Following his tenure at the Planning Commission, he was Secretary General of the South Commission, an independent economic policy think tank headquartered in Geneva, Switzerland from 1987 to 1990.
In 1997, the University of Alberta awarded him an Honorary Doctor of Law degree. The University of Oxford awarded him an honorary Doctor of Civil Lawdegree in July 2005, and in October 2006, the University of Cambridge followed with the same honor.St. John's College further honoured him by naming a Ph.D Scholarship after him, the Dr. Manmohan Singh Scholarship. In 2008, he was awarded honorary Doctor of Letters degree by Benaras Hindu University and later that year he was awarded an honorary doctorate degree by University of Madras. In 2010, he was awarded honorary doctorate degree by King Saud University.

Early political career

Finance Minister of India

In 1991, India's Prime Minister at the time, P.V. Narasimha Rao, chose Singh to be his Finance Minister. At this time, India's fiscal deficit was close to 8.5 per cent of the gross domestic product, the balance of payments deficit was huge and the current account deficit was close to 3.5 percent of India's GDP. India's foreign reserves barely amounted to US$1 billion, enough to pay for a few weeks of imports, in comparison to US$283 billion today.
Evidently, India was facing an economic crisis. At this point, the government of India sought relief from the supranational International Monetary Fund, which, while assisting India financially, imposed several conditions regarding India's economic policy. In effect, IMF-dictated policy meant that the ubiquitous Licence Raj had to be dismantled, and India's attempt at a state-controlled economy had to end. Accordingly, Singh, who had thus far been one of the most influential architects of India's socialist economy, slowly opened the Indian economy to foreign investment and business competition.
Rao and Singh thus implemented policies to open up the economy and change India's socialist economy to a more capitalistic one, in the process dismantling the Licence Raj, a system that inhibited the prosperity of private businesses. They removed many obstacles standing in the way of Foreign Direct Investment (FDI), and initiated the process of the privatization of public sector companies. However, in spite of these reforms, Rao's government was voted out in 1996 due to non-performance of government in other areas. In praise of Singh's work that pushed India towards a market economy, long-time Cabinet minister P. Chidambaram has referred to Singh as the Deng Xiaoping of India.
In 1993, Singh offered his resignation from the post of Finance Minister after a parliamentary investigation report criticised his ministry for not being able to anticipate a US$1.8 billion securities scandal. Prime Minister Rao refused Singh's resignation, instead promising to punish the individuals directly accused in the report.

Career in the Rajya Sabha

Singh was first elected to the upper house of Parliament, the Rajya Sabha, in 1991 by the legislature of the state of Assam, and was re-elected in 1995, 2001 and 2007. From 1998 to 2004, while the Bharatiya Janata Party was in power, Singh was the Leader of the Opposition in the Rajya Sabha. In 1999, he contested for the Lok Sabha from South Delhi but was unable to win the seat.

Prime ministership

14th Lok Sabha


After the 2004 general elections, the Indian National Congress ended the incumbent National Democratic Alliance (NDA) tenure by becoming the political party with the single largest number of seats in the Lok Sabha. It formed United Progressive Alliance (UPA) with allies and staked claim to form government. In a surprise move, Chairperson Sonia Gandhi declared Manmohan Singh, a technocrat, as the UPA candidate for the Prime Ministership. Despite the fact that Singh had never won a Lok Sabha seat, he "has enjoyed massive popular support, not least because he was seen by many as a clean politician untouched by the taint of corruption that has run through many Indian administrations." He took the oath as the Prime Minister of India on 22 May 2004.

Economic policy

Following the advice of International Monetary Fund in 1991, Singh as Finance Minister, freed India from the Licence Raj, source of slow economic growth and corruption in the Indian economy for decades. He liberalized the Indian economy, allowing it to speed up development dramatically. During his term as Prime Minister, Singh continued to encourage growth in the Indian market, enjoying widespread success in these matters. Singh, along with the former Finance Minister, P. Chidambaram, have presided over a period where the Indian economy has grown with an 8–9% economic growth rate. In 2007, India achieved its highest GDP growth rate of 9% and became the second fastest growing major economy in the world.
Singh is now a strong supporter of globalization, seeing India's immense labor capacity as a path to delivering Indian goods in a worldwide market and eventually relieving large-scale poverty.
Singh's government has continued the Golden Quadrilateral and the highway modernisation program that was initiated by Vajpayee's government. Singh has also been working on reforming the banking and financial sectors, as well as public sector companies. The Finance ministry has been working towards relieving farmers of their debt and has been working towards pro-industry policies. In 2005, Singh's government introduced the value added tax, replacing sales tax. In 2007 and early 2008, the global problem of inflation impacted India.

Healthcare and education

In 2005, Prime Minister Singh and his government's health ministry started the National Rural Health Mission, which has mobilised half a million community health workers. This rural health initiative was praised by the American economist Jeffrey Sachs. In 2006, his Government implemented the proposal to reserve 27% of seats in All India Institute of Medical Studies (AIIMS), Indian Institutes of Technology (IITs), the Indian Institutes of Management (IIMs) and other central institutions of higher education for Other Backward Classes which led to 2006 Indian anti-reservation protests.
Singh has announced that eight more Indian Institutes of Technology will be opened in the states of Andhra Pradesh, Bihar, Gujarat, Orissa, Punjab, Madhya Pradesh, Rajasthan and Himachal Pradesh. The Singh government has also continued the Sarva Shiksha Abhiyan programme, begun by his predecessor, Mr. Vajpayee. The programme has included the introduction and improvement of mid-day meals and the opening of schools all over India, especially in rural areas, to fight illiteracy.

Security and Home Affairs

His government has been instrumental in strengthening anti-terror laws with amendments to Unlawful Activities (Prevention) Act (UAPA), where most of provisions of POTA were reincorporated,critics however cite that the amendments make the act equally draconian. National Investigation Agency (India) (NIA) was also created soon after the Nov 2008 Mumbai terror attacks as need for a central agency to combat terrorism was realised. Also Unique Identification Authority of India was established in February 2009, an agency responsible for implementing the envisioned Multipurpose National Identity Card with the objective of increasing national security and facilitating e-governance. His government has been criticized by some human rights organizations,that these measures could help establish a police state.
His government has also been criticized for not being able to reduce the Naxal terrorism that is menacing rural areas in Eastern and Central India. Singh's government has, however, extended the ban on the radical Islamic terror group Student's Islamic Movement of India (SIMI).
Singh's administration initiated a massive reconstruction effort in Kashmir to stabilise the region but after some period of success, insurgent infiltration and terrorism in Kashmir has increased since 2009. However, the Singh administration has been successful in reducing terrorism in Northeast India.

Legislation

The important National Rural Employment Guarantee Act (NREGA) and the Right to Information Act were passed by the Parliament in 2005 during his tenure. While the effectiveness of the NREGA has been successful at various degrees, in various regions, the RTI act has proved crucial in India's fight against corruption.

Foreign policy


Manmohan Singh has continued the pragmatic foreign policy that was started by P.V. Narasimha Rao and continued by Bharatiya Janata Party's Atal Bihari Vajpayee. Singh has continued the peace process with Pakistan initiated by his predecessor, Atal Bihari Vajpayee. Exchange of high-level visits by top leaders from both countries have highlighted his tenure, as has reduced terrorism and increased prosperity in the state of Kashmir. Efforts have been made during Singh's tenure to end the border dispute with People's Republic of China. In November 2006, Chinese President Hu Jintao visited India which was followed by Singh's visit to Beijing in January 2008. A major development in Sino-Indian relations was the reopening of the Nathula Pass in 2006 after being closed for more than four decades. As of 2010, the People's Republic of China is the second biggest trade partner of India.
Relations with Afghanistan have also improved considerably, with India now becoming the largest regional donor to Afghanistan. During Afghan President Hamid Karzai's visit to New Delhi in August 2008, Manmohan Singh increased the aid package to Afghanistan for the development of more schools, health clinics, infrastructure, and defence. Under the leadership of Singh, India has emerged as one of the single largest aid donors to Afghanistan.
Singh's government has worked towards stronger ties with the United States. He visited the United States in July 2005 initiating negotiations over theIndo-US civilian nuclear agreement. This was followed by George W. Bush's successful visit to India in March 2006, during which the declaration over the nuclear agreement was made, giving India access to American nuclear fuel and technology while India will have to allow IAEA inspection of its civil nuclear reactors. After more than two years for more negotiations, followed by approval from the IAEA, Nuclear Suppliers Group and the US Congress, India and the U.S. signed the agreement on 10 October 2008 with Pranab Mukherjee representing India.
Singh had the first official state visit to the White House during the administration of U.S. President Barack Obama. The visit took place in November 2009, and several discussions took place, including on trade and nuclear power.
Relations have improved with Japan and European Union countries, like the United Kingdom, France, and Germany. Relations with Iran have continued and negotiations over the Iran-Pakistan-India gas pipeline have taken place. New Delhi hosted an India–Africa Summit in April 2006 which was attended by the leaders of 15 African states. Relations have improved with other developing countries, particularly Brazil and South Africa. Singh carried forward the momentum which was established after the "Brasilia Declaration" in 2003 and the IBSA Dialogue Forum was formed.
Manmohan Singh's government has also been especially keen on expanding ties with Israel. Since 2003, the two countries have made significant investments in each other and Israel now rivals Russia to become India's defence partner. Though there have been a few diplomatic glitches between India and Russia, especially over the delay and price hike of several Russian weapons to be delivered to India, relations between the two remain strong with India and Russia signing various agreements to increase defence, nuclear energy and space cooperation.

15th Lok Sabha

India held general elections to the 15th Lok Sabha in five phases between 16 April 2009 and 13 May 2009. The results of the election were announced on 16 May 2009. Strong showing in Andhra Pradesh, Rajasthan, Maharashtra, Tamil Nadu, Kerala, West Bengal and Uttar Pradesh helped the United Progressive Alliance (UPA) form the new government under the incumbent Singh, who became the first prime minister since Jawaharlal Nehru in 1962 to win re-election after completing a full five-year term. The Congress and its allies were able to put together a comfortable majority with support from 322 members out of 543 members of the House. These included those of the UPA and the external support from the Bahujan Samaj Party (BSP), Samajwadi Party (SP), Janata Dal (Secular) (JD(S)),Rashtriya Janata Dal (RJD) and other minor parties.
On 22 May 2009, Manmohan Singh was sworn in as the Prime Minister during a ceremony held at Rashtrapati Bhavan.The 2009 Indian general election was the largest democratic election in the world held to date, with an eligible electorate of 714 million.

Public image

Singh has always been perceived as a man of clean background. He is seen as a man of few words. The Independent described him as "one of the world's most revered leaders" and "a man of uncommon decency and grace," noting that he drives a Maruti 800, one of the humblest cars in the Indian market. Khushwant Singh lauded Singh as the best prime minister India has had, even rating him higher than Jawaharlal Nehru. He mentions an incident in his book Absolute Khushwant: The Low-Down on Life, Death and Most things In-between where after losing the 1999 Lok Sabha elections, Singh immediately returned the INR2 lakh (US$4,400) he had borrowed from the writer for hiring taxis. Terming him as the best example of integrity, Khushwant Singh stated, "When people talk of integrity, I say the best example is the man who occupies the country's highest office." 
His personal assets amount to five crore rupees (approx 1 million USD).
In 2010, Newsweek magazine recognized him as a world leader who is respected by other heads of state, describing him as "the leader other leaders love." The article quoted Mohamed ElBaradei, who remarked that Singh is "the model of what a political leader should be." Singh is number 18 on the 2010 Forbes list of the world's most powerful people. Forbes magazine described Singh as being "universally praised as India's best prime minister since Nehru".
His public image has been tarnished recently as he presided over a government mired in some of the biggest corruption scandals in recent history.

Family and personal life

Singh married Gursharan Kaur in 1958. They have three daughters, Upinder Singh, Daman Singh and Amrit Singh.
Upinder Singh is a professor of history at Delhi University. She has written six books, including Ancient Delhi (1999) and A History of Ancient and Early Medieval India (2008). Daman Singh is a graduate of St. Stephen's College, Delhi and Institute of Rural Management, Anand, Gujarat, and author of The Last Frontier: People and Forests in Mizoram and a novel Nine by Nine. Amrit Singh is a staff attorney at the American Civil Liberties Union.
Singh has undergone multiple cardiac bypass surgeries, the most recent of which took place in January 2009.
Singh and his wife both belong to the Kohli clan, though neither uses the name as their surname.

Degrees and posts held

  • BA (Hons) in Economics 1952; MA First Class in Economics, 1954 Panjab University, Chandigarh {was then in Hoshiarpur,Punjab}, India
  • Honours degree in Economics, University of Cambridge – St John's College (1957)
    • Senior Lecturer, Economics (1957–1959)
    • Reader (1959–1963)
    • Professor (1963–1965)
    • Professor of International Trade (1969–1971)
  • DPhil in Economics, University of Oxford – Nuffield College (1962)
  • Delhi School of Economics, University of Delhi
    • Honorary Professor (1966)
  • Chief, Financing for Trade Section, UNCTAD, United Nations Secretariat, Manhattan, New York
    • 1966 : Economic Affairs Officer 1966
  • Economic Advisor, Ministry of Foreign Trade, India (1971–1972)
  • Chief Economic Advisor, Ministry of Finance, India, (1972–1976)
  • Honorary Professor, Jawaharlal Nehru University, New Delhi (1976)
  • Director, Reserve Bank of India (1976–1980)
  • Director, Industrial Development Bank of India (1976–1980)
  • Secretary, Ministry of Finance (Department of Economic Affairs), Government of India, (1977–1980)
  • Governor, Reserve Bank of India (1982–1985)
  • Deputy Chairman, Planning Commission of India, (1985–1987)
  • Secretary General, South Commission, Geneva (1987–1990)
  • Advisor to Prime Minister of India on Economic Affairs (1990–1991)
  • Chairman, University Grants Commission (15 March 1991 – 20 June 1991)
  • Finance Minister of India, (21 June 1991 – 15 May 1996)
  • Leader of the Opposition in the Rajya Sabha (1998–2004)
  • Prime Minister of India (22 May 2004 – Present)

Awards and honours


Year of Award or HonorName of Award or HonorAwarding Organisation
2010World Statesman AwardAppeal of Conscience Foundation
2005Top 100 Influential People in the WorldTime
2002Outstanding Parliamentarian AwardIndian Parliamentary Group
2000Annasaheb Chirmule AwardAnnasaheb Chirmule Trust
1999H.H. Kanchi Sri Paramacharya Award for ExcellenceShri R. Venkataraman, The Centenarian Trust
1999Fellow of the National Academy of Agricultural Sciences, New DelhiNational Academy of Agricultural Sciences
1997Lokmanya Tilak AwardTilak Smarak Trust, Pune
1997Justice K.S. Hegde Foundation AwardJustice K.S. Hegde Foundation
1997Nikkei Asia prize for Regional GrowthNihon Keizai Shimbun Inc.
1996Honorary ProfessorshipDelhi School of Economics, University of Delhi, Delhi
1995Jawaharlal Nehru Birth Centenary Award (1994–95)Indian Science Congress Association
1994Finance Minister of the YearAsiamoney
1994Jawaharlal Nehru Birth Centenary Award (1994–95)Indian Science Congress Association
1994Elected Distinguished Fellow of the London School of EconomicsLondon School of Economics, Centre for Asia Economy, Politics and Society
1994Elected Honorary Fellow, Nuffield CollegeNuffield College, University of Oxford, Oxford, U.K.
1994Elected Distinguished Fellow of the London School of EconomicsLondon School of Economics, Centre for Asia Economy, Politics and Society
1994Elected Honorary Fellow of the All India Management AssociationAll India Management Association
1993Finance Minister of the YearEuromoney
1993Finance Minister of the YearAsiamoney
1987Padma VibhushanPresident of India
1986Elected National Fellow, National Institute of EducationNational Institute of Education
1985Elected President of the Indian Economic AssociationIndian Economic Association
1982Elected Honorary Fellow, St. John’s CollegeSt. John’s College, Cambridge
1982Elected Honorary Fellow, Indian Institute of BankersIndian Institute of Bankers
1976Honorary ProfessorshipJawaharlal Nehru University, New Delhi
1957Elected Wrenbury ScholarUniversity of Cambridge, U.K.
1956Adam Smith PrizeUniversity of Cambridge, U.K.
1955Wright Prize for Distinguished PerformanceSt. John’s College, Cambridge, U.K.
1954Uttar Chand Kapur Medal, for standing first in M.A. (Economics)Panjab University, Chandigarh{Was then in Hoshiarpur,Punjab}
1952University Medal for standing first in B.A. (Honors Economics)Panjab University, Chandigarh