Montek Singh Ahluwalia
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Montek Singh Ahluwalia (born 24 November 1943) is an Indian economist and civil servant who was the Deputy Chairman of the Planning Commission of
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
, a position which carried the rank of a Cabinet Minister. He tendered his resignation for this post in May 2014 following the impending end of the UPA II regime at the center. He was previously the first Director of the
Independent Evaluation Office The Independent Evaluation Office is an autonomous body established in 2001 to conduct independent evaluations of policies and activities of the International Monetary Fund. See also * The World Bank Group's Independent Evaluation Group The Indep ...
at the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
.


Early life and education

Montek Singh Ahluwalia was born in Rawalpindi in 1943, the son of Jagmohan Singh, a clerk with the Defence Accounts Department, and Pushp Kaur. He studied at St. Patrick's High School, Secunderabad and
Delhi Public School, Mathura Road Delhi Public School situated on Mathura Road in New Delhi, India, is a private co-educational day and boarding school with 6500+ students. It is run by the Delhi Public School Society and is a member of the Indian Public School Conference. ...
. He graduated with a B.A. (Hons) degree from St. Stephen's College, Delhi,
University of Delhi Delhi University (DU), formally the University of Delhi, is a collegiate university, collegiate Central university (India), central university located in New Delhi, India. It was founded in 1922 by an Act of the Central Legislative Assembly and ...
. He was a Rhodes scholar at the
University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...
where he studied at Magdalen College, Oxford, as a graduate obtaining an M.A. in philosophy, politics and economics. He then read for an MPhil at St Antony's College, Oxford. While at
Oxford Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...
, he was president of the
Oxford Union The Oxford Union Society, commonly referred to simply as the Oxford Union, is a debating society in the city of Oxford England, whose membership is drawn primarily from the University of Oxford. Founded in 1823, it is one of Britain's oldest ...
. He has received several honorary degrees, including an honorary degree of Doctor of Civil Law from the University of Oxford and an honorary degree of Doctor of Philosophy from the Indian Institute of Technology, Roorkee. He is an Honorary Fellow of Magdalen College.


Career

After graduating from University of Oxford, Ahluwalia joined the
World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...
in 1968. At the age of 28, he became the youngest "Division Chief" in the World Bank's bureaucracy, in charge of the Income Distribution Division in the World Bank's Development Research Centre. After his return to India in 1979 he took up the position of Economic Adviser in the Ministry of Finance. He held several senior positions as a civil servant, including Special Secretary to the Prime Minister, Commerce secretary, Secretary Department of Economic Affairs in the Finance Ministry and Finance Secretary. In 1998 he was appointed Member of the Planning Commission. In 2001, he was chosen by the Board of International Monetary Fund to be the first director of the newly created Independent Evaluation Office, in which capacity he supervised several studies critical of various aspects of the functioning of the IMF. In June 2004, he resigned from the IMF position to take up as the deputy chairman of the Planning Commission as part of the
United Progressive Alliance United Progressive Alliance (UPA) is a centre-left political alliance of predominantly left-leaning political parties in India. It was formed after the 2004 general election with support from left-leaning political parties when no single party ...
government in New Delhi. As deputy chairman of the Planning Commission, he supervised the preparation of both the Eleventh Plan (2007–08 to 2011–12) titled "Towards Faster and More Inclusive Growth" and subsequently also the Twelfth Plan (2012–13 to 2016–17) titled "Faster, More Inclusive and Sustainable Growth". He has published a number of articles on various aspects of the Indian economy in academic journals. He is one of the authors of "Redistribution with Growth" by Chenery et al., published by Oxford University Press in 1974. He has also written on various aspects of India's economic reforms and on the inclusiveness of India's growth process. In 2011 Ahluwalia was awarded the Padma Bhushan, India's second highest civilian honour for public service by Mrs Pratibha Patil, then
President of India The president of India ( IAST: ) is the head of state of the Republic of India. The president is the nominal head of the executive, the first citizen of the country, as well as the commander-in-chief of the Indian Armed Forces. Droupadi Mur ...
. In February 2020, he published his book ''Backstage: The Story Behind India’s High Growth Years'' with
Rupa Publications Rupa Publications is an Indian publishing company based in New Delhi, with sales centres in Kolkata, Allahabad, Bengaluru, Chennai, Mumbai, Jaipur, Hyderabad and Kathmandu. Genesis Rupa Publications was founded in 1936 by D. Mehra and R. K. ...
. The book is a mix of personal reflections and national economic history, and sets forth Ahluwalia's ideas on issues of contemporary significance including education, rural development and energy. He currently holds the position of Distinguished Fellow at the Centre for Social and Economic Progress - a New Delhi based think tank. In June 2021, Ahluwalia was named for the high level advisory group formed jointly by IMF and World bank in the face of dual challenges of Climate Change and COVID-19 pandemic.


Publications


Journal articles

* *


Book

* ''Backstage: The Story Behind India’s High Growth Years'' (15 February 2020), Rupa Publications India,


Chapters in books

*


World Bank

* Reprint series number 60.


Personal life

Ahluwalia was married to fellow economist
Isher Judge Ahluwalia Isher Judge Ahluwalia (1 October 194526 September 2020) was an Indian economist, public policy researcher, and professor. She was Chairperson Emeritus, Board of Governors, at the Indian Council for Research on International Economic Relations ( ...
and has two sons Pawan Ahluwalia and Aman Ahluwalia.


Awards and honours


References


External links

* Planning Commission Websit


IMF entry on Montek Singh Ahluwalia

Montek Singh Ahluwalia's address at IIM Ahmedabad in Mp3
* For a critical review of aspects of Montek Ahluwalia's economic policy-making, see "Fallacious Finance: Congress, BJP, CPI-M et al may be leading India to hyperinflation" first published in ''The Statesman'' newspaper, 5 March 2007 Editorial Page Special Article www.thestatesman.net, now also a
"Fallacious Finance: Congress, BJP, CPI-M et al may be leading India to hyperinflation"
independentindian.com {{DEFAULTSORT:Ahluwalia, Montek Singh 1943 births Indian economists St. Stephen's College, Delhi alumni Delhi University alumni Alumni of Magdalen College, Oxford Fellows of Magdalen College, Oxford Alumni of the University of Oxford Group of Thirty Indian civil servants 20th-century Indian economists 21st-century Indian economists Indian Rhodes Scholars Indian Sikhs Punjabi people Living people Recipients of the Padma Vibhushan in public affairs Delhi Public School alumni Members of the Planning Commission of India Presidents of the Oxford Union Ahluwalia