Rajiv Kumar on Friday stepped down as Niti Aayog Vice-Chairman. The Authorities on Friday accepted his resignation and appointed famous economist Suman Bery as his successor with impact from Could 1.
In line with an order issued by Division of Personnel & Coaching, the Appointments Committee of the Cupboard (ACC) has accepted the resignation of Rajiv Kumar and relieving him from the submit of the Vice-Chairperson, NITI Aayog w.e.f., April 30, 2022. The committee additionally appointed Suman Okay Bery initially as Full-Time Member, NITI Aayog with rapid impact and as much as April 30 and afterward as Vice-Chairperson w.e.f. Could 1, 2022.
Earlier within the day, in a shocking transfer, Kumar submitted his paper after spending practically 5 years in NITI. He was appointed after sudden exit of then Vice Chairman Arvind Panagariya, who wad first Vice-Chairman of the assume tank. Niti Aayog got here into existence on January 1, 2015, changing the decades-old Planning Fee.
Bery he has been a member of each the Financial Advisory Council to the Prime Minister and the Nationwide Statistical Fee. He has served as Director-Common (Chief Government) of the Nationwide Council of Utilized Financial Analysis (NCAER), New Delhi from January 2001 to March 2011.
Previous to NCAER, Bery was with the World Financial institution in Washington D.C. Areas of focus included the macro-economy, monetary markets, and public debt administration with a concentrate on Latin America. From 1992-1994, on depart from the World Financial institution, he labored as Particular Marketing consultant to the Reserve Financial institution of India, Bombay, the place he suggested the Governor and Deputy Governors on monetary sector coverage, institutional reform, and market growth and regulation.
Along with serving on quite a few authorities committees, Bery has served as an unbiased (non-executive director) on the board of State Financial institution of India. He accomplished his undergraduate work at Magdalen School, Oxford College in Philosophy, Politics and Economics (First Division) and holds a Grasp of Public Affairs (MPA) diploma from the Woodrow Wilson Faculty of Public and Worldwide Affairs, Princeton College.
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April 22, 2022