Honoured to be appointed by PM to NITI Aayog: Panagariya

January 06, 2015 10:35

Indian-American economist Arvind Panagariya has said that he is "honoured" to be appointed by Prime Minister Narendra Modi as the first vice chairman of the newly created NITI Aayog, which replaces the 65-year-old Planning Commission.

"I am honoured by this appointment, and I look forward to working with Prime Minister Modi and policymakers across India," Panagariya was quoted as saying in a statement issued by the Columbia University.

Panagariya is the professor of economics and the Jagdish Bhagwati Professor of Indian Political Economy in the Department of International and Public Affairs. He will take a leave of absence from Columbia to accept his position at the National Institution for Transforming India Aayog.

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