Dr. Radhika Pandey: A Distinguished Voice in Economics and Public Finance

Dr. Radhika Pandey stands as a Senior Fellow at the prestigious National Institute of Public Finance and Policy (NIPFP), where her expertise shapes critical discourse on India’s economic landscape. Her academic journey includes prior tenure as an educator at National Law University, Jodhpur, reflecting her commitment to nurturing future leaders.

A proven strategist, Dr. Pandey served as lead coordinator for the Ministry of Finance-constituted Task-Force on Public Debt Management Agency. Her collaborative spirit shines through her membership on high-impact research teams, including the Working Group on Foreign Investment (chaired by U.K. Sinha), the Financial Sector Legislative Reforms Commission (led by Retd. Justice B.N. Srikrishna), and the Committee reviewing the FCCBs and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993 (chaired by M.S. Sahoo).

Education & Intellectual Foundation
Dr. Pandey’s rigorous academic training comprises a Ph.D. and M.A. in Economics from JNV University, Jodhpur, and a B.A. (Honors) in Economics from Banaras Hindu University, Varanasi (Uttar Pradesh). This robust foundation fuels her insightful research.

Pioneering Research Focus
Her scholarly work centers on pivotal macroeconomic themes:

• Business Cycles

• Capital Controls

• Inflation and Monetary Policy

• Financial Sector Regulation

Current Research Initiatives
Dr. Pandey’s ongoing projects address pressing national questions:

1. Mapping Financial Cycles in India

2. Developing Leading Economic Indicators for the Indian Economy

3. Conducting granular Analysis of State Inflation

Recent Publications (2023-2024)
Her thought leadership resonates through impactful working papers:

• “The Journey of Inflation Targeting in India” (*Indira Gandhi Institute of Development Research, WP-2024-022*)

• “Understanding States’ Debt and Bond Markets” (NIPFP Working Paper No. 410)

• “The Electricity Chokepoint in Tamil Nadu Public Finance” (xKDR Working Paper No. 31)

• “Potential Implications of the EU’s Carbon Border Adjustment Mechanism” (NIPFP Working Paper No. 408)

• “How is India Doing? Mid Year Macroeconomic Review” (NIPFP Working Paper No. 400, 2023)

Influential Committee Memberships
Dr. Pandey actively shapes policy through key roles:

• Member, Expert Committee to identify areas for extensive utilisation of MCA-21 database (chaired by the Chief Economic Adviser)

• Member, Global Alliance for Mass Entrepreneurship (GAME) Task Force on MSME Growth

• Non-official expert member, Technical cum Selection Committee for hiring Young Professionals, Ministry of Corporate Affairs

Engaged Professional Activities
She generously shares her knowledge through invited lectures, including:

• Lectures on Financial Markets and Institutions for the International Management Institute-Kolkata-National Stock Exchange Academy joint certification program (Sept 2022).

• “Understanding the Crisis of Inflation in India” for Carnegie India (July 16, 2022).

• Lectures on fiscal policy issues for the Impact and Policy Research Institute (IMPRI) online spring school.

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