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Former IMF economist Dr Raghuram G. Rajan is believed to be leading the race for the post of Chief Economic Advisor. The incumbent, Dr Kaushik Basu’s term ends on July 31.
Highly placed Government sources told Business Line , “Dr Rajan’s name is being considered actively.” However, they declined to comment on whether Dr Rajan’s name had been picked by the Search Committee appointed to find Dr Basu’s successor.
Dr Rajan has the distinction of being the youngest person to hold the post of Economic Counsellor and Director of Research at the International Monetary Fund (IMF). He is also considered to be one of the first economists to see the financial crisis of 2008 coming.
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