New Delhi: Economic expert Suman K Bery is set to take charge following the resignation of NITI Aayog vice-president Rajiv Kumar on Friday night. Rajiv Kumar, an outstanding economist, took over as the Deputy Chairman of the Finance Commission in August 2017. He is currently stepping down on April 30 for personal reasons.
Suman K Bery, currently an economist, will take over as the first vice president on May 1, the government said in a statement issued yesterday. Bery is a renowned economist. Currently, he is a non-resident member of the Economic Think Tank in Belgium.
From 2001 to 2011, Dr. Bery was the Director-General of the National Applied Economic Research Council. Formerly the World Bank’s Chief Economist.
Dr. Suman Bery also holds a bachelor’s degree from Oxford University and a master’s degree from Princeton University. Early in his career, he joined the World Bank and became the Chief Economist there after 28 years of service.
Dr. Bery has also been part of the Prime Minister’s Economic Advisory Council and the Technical Advisory Committee on Monetary Policy of the Reserve Bank of India. Perry is currently the third vice president of the Finance Commission.
Rajiv Kumar, on the other hand, is an outstanding economist who took over as the Deputy Chairman of the Finance Commission in August 2017. Rajiv Kumar replaced the then Vice President Arvind Panagariya who returned to the education sector. He holds a PhD from the University of Lucknow. He then earned an MPhil in Economics from the University of Oxford.
He has also been a senior member of the Center for Policy Research. From 2004-2006, Rajiv Kumar was the Chief Economist of the Confederation of Indian Industry. From 2011-2013, he was also the General Secretary of the Federation of Indian Chambers of Commerce and Industry. He has served on several universities and on the Central Boards of SBI and RBI.