BSE-CPR Macroeconomic Seminar Series: Channelling household savings to productive uses through the capital markets
Ajit Ranade, K P Krishnan, Praveen Chakravarty
Monday, 30 November 2015
3:30 pm to 5:30 pm
Conference Room, Centre for Policy Research

The Centre for Policy Research (CPR), Delhi in collaboration with the Bombay Stock Exchange (BSE), Mumbai are starting a monthly Macro Economic Seminar Series. The objective of these Seminars is to generate fresh analytical insights into the Indian macroeconomic issues for potential use by policy makers. The unique format of these seminars is to bring together macroeconomists who have different perspectives on the state of the macroeconomy, depending upon their location in think tanks, financial institutions and corporate organisations. Initially, economists from Delhi and Mumbai will participate in these monthly seminars. Insights and findings that emerge from these monthly interactions will be submitted to policy makers and disseminated through CPR’s website and social media outlets. A panel discussion between Ajit RanadeK P Krishnan, and Praveen Chakravarty will be moderated by Partha Mukhopadhyay.

Dr Ajit Ranade is the Chief Economist of the Aditya Birla Group. He is an Executive Officer of Financial Technologies India Ltd. He is also served as Chief Economist at ABN AMRO Bank. He serves as a Director on the Board of Hindalco Almex Aerospace Limited. He was Government of India's nominee as Independent Director of Multi Commodity Exchange of India Ltd., from September 22, 2007 to April 1, 2010. He has served on various committees of the Reserve Bank of India, most recently in the committee for Fuller Capital Account Convertibility. He is a member of the Board of India Today Economists, Chairman of the CII West Zone Sub Committee on Economic Affairs and the Research Advisory Panel of the Indian Institute of Banking and Finance. He has authored several books, namely Life Insurance in India: Emerging Issues, Three Questions about Insurance Liberalisation, Maharashtra's EGS: Regional Patterns, Scope for Reforms and Replication. He is a co founder and trustee of Association for Democratic Reforms, which is an Indian civil society group vying for transparency in the politics of India. Dr Ranade earned a B.Tech in Electrical Engineering from IIT Bombay, a PGDM from IIM Ahmedabad and holds an MA and PhD in Economics from Brown University, USA.

K.P. Krishnan is Additional Secretary, Department of Land Resources, Ministry of Rural Development, Government of India. Earlier he was posted as  Additional Secretary (Capital Markets), Department of Economic Affairs, Ministry of Finance. Dr. Krishnan served as Deputy Commissioner, Dakshina Kannada Dist Mangalore, Private Secretary to Union Minister of State for Personnel, Advisor to Executive Director, World Bank, Washington. Secretary, Finance Department, Govt. of Karnataka, Secretary, Urban Development, Govt of Karnataka, Managing Director. Karnataka Urban Infracture Development and Finance Corporation, Bangalore. Dr. Krishnan joined Indian Administrative Service in 1983 in Karnataka cadre. He served as a Nominee Director of Bank of Baroda , Director of Central Bank of India,  Canara Bank Ltd. and Allahabad Bank. He is a Post Graduate in Economics from University of Mysore in 1992 and Ph.D. in Economics from IIM Bangalore in 2000.

Praveen Chakravarty is a Visiting Fellow in Political Economy at IDFC Institute, a Mumbai think-tank. After two decades in leadership roles in investment banking, Chakravarty is now engaged in public policy through his various affiliations. He is a member of the Primary Markets committee of the Securities & Exchange Board of India. Earlier, he worked with the Unique Identity Authority of India (UIDAI) and was involved in the first pilot of the Direct Benefits Transfer initiative. He is the Founding Trustee of IndiaSpend, India’s first data journalism initiative. He serves on the advisory board of Centre for Civil Society, India’s highest ranked domestic think-tank. His corporate board memberships include TVS Electronics and TVS Capital of the Chennai based TVS Group, BSE Institute, a subsidiary of the BSE and Mumbai Angels. Chakravarty is also a public affairs commentator who analyses electoral data to glean insights. He writes regularly in the Indian Express, Hindu, Outlook Magazine, Business Standard, Mint and Hindu Business Line. Chakravarty holds an MBA from The Wharton School and an undergraduate degree from BITS Pilani.

Partha Mukhopadhyay has been senior fellow at CPR since 2006. Before joining CPR, he was part of the founding team at Infrastructure Development Finance Company (IDFC), focusing on private participation in infrastructure. He has also been with EXIM Bank of India, as the first Director of their Eximius Learning Centre in Bangalore, and with the World Bank, in what then was the Trade Policy Division in Washington. He has taught at IIM, Ahmedabad, XLRI, Jamshedpur and at School of Planning and Architecture in Delhi and has been associated with a number of government committees. Currently, he is a member of the High Level Railway Restructuring Committee, a Technical Advisory Committee of the Ministry of Housing and Urban Poverty Alleviation and the Scientific Advisory Council of LIRNEasia, Colombo. His research interests are in urbanisation, infrastructure, and the development paths of India and China. He received his PhD in economics from New York University and an MA and MPhil from the Delhi School of Economics.

Seminar will be followed by High Tea.
Entry by invite only. RSVP to Sakshi Bhardwaj at