Famous Indian Economists

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Find out more about the greatest Indian Economists, including Vallabhbhai Patel, Amartya Sen, Subramanian Swamy, Raghuram Rajan and Manmohan Singh.
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 1 
Amartya Sen
(Indian Philosopher, Economist and Winner of 1998 Nobel Prize in Economic Sciences)
Amartya Sen
7
Birthdate: November 3, 1933
Sun Sign: Scorpio
Birthplace: Shantiniketan, West Bengal, India
Indian economist Amartya Sen was awarded the 1998 Nobel Prize in Economic Sciences for his contributions to welfare economics and social choice theory. Sen is known for his development of more sophisticated measures of poverty, and also for his work on the causes and prevention of famines. He is considered an important contemporary liberal thinker for his views about the nature and primacy of liberty. 
 2 
Sardar Vallabhbhai Patel
(First Deputy Prime Minister of India and First Home Minister of India)
Sardar Vallabhbhai Patel
4
Birthdate: October 31, 1875
Sun Sign: Scorpio
Birthplace: Nadiad, Gujarat, India
Died: December 15, 1950

Sardar Vallabhbhai Patel was an Indian politician who played an influential role in the Indian independence movement. Dubbed the Iron Man of India and Unifier of India, Sardar Patel played an important role in integrating various princely states into a united, independent nation. In 2018, the world's tallest statue called the Statue of Unity was dedicated to Sardar Vallabhbhai Patel.

 3 
Manmohan Singh
(Former Prime Minister of India)
Manmohan Singh
11
Birthdate: September 26, 1932
Sun Sign: Libra
Birthplace: Gah, Punjab, British India (present-day Punjab, Pakistan)

The 13th Prime Minister of India, Manmohan Singh became the first Sikh in office when he took office in 2004. A prominent economist and academic, he held several key posts in the Government of India in the 1970s and 1980s. Known for his humility, he  has been described by the media as "one of the world's most revered leaders."

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 4 
Raghuram Rajan
(Former Governor of the Reserve Bank of India)
Raghuram Rajan
7
Birthdate: February 3, 1963
Sun Sign: Aquarius
Birthplace: Bhopal, Madhya Pradesh, India

Raghuram Rajan is an Indian economist who served as the Governor of the Reserve Bank of India from 2013 to 2016. He also served as the 15th Chief Economic Adviser to the Government of India. For his significant contribution in the field of economics, Raghuram Rajan was honored with the Fischer Black Prize by the American Finance Association in 2003.

 5 
Subramanian Swamy
(Economist, Politician, Author)
Subramanian Swamy
9
Birthdate: September 15, 1939
Sun Sign: Virgo
Birthplace: Mylapore

Indian politician Subramanian Swamy, who is a BJP MP, has also been the president of the Janata Party earlier. Known for his far-right views, he was previously a professor economics at IIT, Delhi. He boasts of a PhD from Harvard and has penned several books, such as Terrorism in India.

 6 
Urjit Patel
(24th Governor of the Reserve Bank of India (2016 -2018))
Urjit Patel
4
Birthdate: October 28, 1963
Sun Sign: Scorpio
Birthplace: Nairobi, Kenya

Urjit Patel is an Indian economist. From 2016 to 2018, he served as the Governor of the Reserve Bank of India. In 2018, he resigned stating personal reasons. He also became the fifth governor to have resigned before the completion of his term. Urjit Patel is the recipient of Yale University’s Wilbur Cross Medal. 

 7 
Jairam Ramesh
(Indian Polician Belonging to the Indian National Congress)
Jairam Ramesh
2
Birthdate: April 9, 1954
Sun Sign: Aries
Birthplace: Chikmagalur, Karnataka, India

Jairam Ramesh is an Indian politician and economist. From 2011 to 2014, he served as the Minister of Rural Development. An influential figure, Ramesh also served as the Minister of State at the Ministry of Environment and Forests from 2009 to 2011. Jairam Ramesh has contributed as a columnist for many popular publications and has also authored many books.  

 8 
Nanabhoy Palkhivala
(Indian Jurist and Economist)
Nanabhoy Palkhivala
2
Birthdate: January 16, 1920
Sun Sign: Capricorn
Birthplace: Mumbai, India
Died: December 11, 2002

Nanabhoy Palkhivala was an Indian liberal economist and jurist. Best remembered for his clear thinking and brilliant court craft, Palkhivala helped shape the constitutional jurisprudence in India. He achieved national recognition for his high-profile cases and his annual budget speeches.   

 9 
Bimal Jalan
(Economist, Politician)
Bimal Jalan
2
Birthdate: August 17, 1941
Sun Sign: Leo
Birthplace: Rajgarh

Bimal Jalan is an Indian economist and politician. From 1997 to 2003, Jalan served as the Governor of the Reserve Bank of India. A respected economist, he also served as the seventh Chief Economic Adviser to the Government of India.

 10 
Bibek Debroy
(Chairman of the Economic Advisory Council to the Prime Minister of India)
Bibek Debroy
2
Birthdate: January 25, 1955
Sun Sign: Aquarius
Birthplace: India

Bibek Debroy is a well-respected Indian economist who has has made significant contributions to game theory, economic theory, income and social inequalities, law reforms and railway reforms. A former member of NITI Aayog, the think tank of the Indian Government, he currently serves as the Chairman of the PM's Economic Council. Author of several books and papers, he has been awarded Padma Shri by Government of India.

 11 
Kaushik Basu
(Economist)
Kaushik Basu
2
Birthdate: January 9, 1952
Sun Sign: Capricorn
Birthplace: Kolkata
 12 
Jean Drèze
(Economist, Social scientist)
Jean Drèze
1
Birthdate: 1959 AD
Birthplace: Belgium
 13 
C. K. Prahalad
(Economist, University teacher)
C. K. Prahalad
2
Birthdate: August 8, 1941
Sun Sign: Leo
Birthplace: Coimbatore
Died: April 16, 2010

Born to a Tamil scholar father in Coimbatore, C. K. Prahalad was educated at IIM Ahmedabad and Harvard. Named one of the most influential business thinkers of the world by Thinkers 50, he taught corporate strategy at the University of Michigan and revolutionized bottom of the pyramid studies.

 14 
Jagdish Bhagwati
(Economist)
Jagdish Bhagwati
2
Birthdate: July 26, 1934
Sun Sign: Leo
Birthplace: Mumbai

A forceful advocate of free trade and economic globalization, Jagdish Bhagwati is an India-born American economist, known for his contributions to the theory of international trade and economic development. Especially opposed the inclusion of labor and environmental standards in free-trade agreements, he has authored numerous articles and books, which include Free Trade Today (2002) and In Defense of Globalization (2004).