Who is Radhika Pandey?
Radhika Pandey is a renowned Indian economist known for her work in macroeconomic policy, financial regulation, and fiscal management. With a deep understanding of India’s evolving economic landscape, Radhika Pandey has established herself as a respected voice in policy research and economic reforms. Her insights are frequently cited in academic circles, media, and policymaking institutions.
Educational Background of Radhika Pandey
Radhika Pandey holds a Ph.D. in Economics from the Centre for Economic Studies and Planning (CESP), Jawaharlal Nehru University (JNU), New Delhi. She pursued her M.Phil and M.A. in Economics from the same university, where she built a strong foundation in monetary economics and financial institutions. Her academic journey has contributed significantly to her research-oriented and analytical approach to macroeconomic issues.
Career and Professional Roles
Radhika Pandey is a Senior Fellow at the National Institute of Public Finance and Policy (NIPFP) in New Delhi. Her core research areas include:
- Monetary policy and inflation targeting
- Financial sector regulation
- Fiscal rules and public finance
- Capital flows and exchange rate dynamics
She has co-authored several policy papers and research articles with leading economists, contributing to debates on structural reforms, inflation control, and fiscal prudence in India.
Key Contributions to Indian Economic Policy
Radhika Pandey has played a key role in policy research that influences India’s economic decision-making. Some of her major contributions include:
- Monetary Policy Reforms: She has written extensively on India’s monetary policy framework, inflation targeting regime, and the role of the Reserve Bank of India (RBI).
- Fiscal Discipline and FRBM: Her research on the Fiscal Responsibility and Budget Management (FRBM) Act has helped shape the discourse on fiscal transparency and accountability.
- Financial Market Reforms: She has contributed to discussions on capital account liberalization, bond market development, and financial inclusion.
Research Publications and Academic Work
Radhika Pandey’s papers are frequently published in journals and working papers by institutions like:
- National Institute of Public Finance and Policy (NIPFP)
- Economic and Political Weekly (EPW)
- India Development Foundation (IDF)
- Brookings India
She often co-authors papers with leading economists such as Ila Patnaik and Ajay Shah. Her writing style is data-driven and analytical, which appeals to both academic and policymaking audiences.
Media Presence and Thought Leadership
Radhika Pandey is also a frequent contributor to media platforms and economic publications such as:
- The Hindu BusinessLine
- Financial Express
- Bloomberg Quint
- LiveMint
She is invited for panel discussions on TV and webinars, where she breaks down complex economic issues like inflation, fiscal stimulus, RBI policy decisions, and global macroeconomic trends for a broader audience.
Views on Current Economic Issues
Inflation and RBI Policy
Radhika Pandey supports a balanced inflation-targeting framework. She believes the RBI should carefully weigh growth trade-offs while maintaining inflation within the target band.
Fiscal Consolidation
She emphasizes the importance of credible fiscal consolidation to maintain macroeconomic stability and market confidence. She also advocates for greater transparency in budgetary numbers and contingent liabilities.
Capital Flow Management
According to Pandey, while foreign capital inflows are vital for India’s growth, excessive reliance on short-term debt inflows can create volatility. She promotes building strong macroprudential frameworks to mitigate external shocks.
Why Radhika Pandey is Influential
Radhika Pandey’s influence stems from her evidence-based research, policy-oriented thinking, and her ability to explain economic issues in a simplified, yet technically sound, manner. She bridges the gap between academia and policymaking effectively, making her one of the most credible economists in India today.
Below are some high-quality video reviews and interviews featuring Radhika Pandey to enhance your blog. These are rich in analysis and can serve as valuable multimedia sources:
A detailed discussion on economic challenges India will face in 2025, hosted by ThePrint’s MacroSutra series. Pandey breaks down key macroeconomic headwinds and policy responses from five months ago.
A comprehensive dialogue with ThePrint’s talking heads, where Pandey outlines growth prospects, inflation trends, and global influences on India’s economy from six months ago.
Radhika Pandey on Indian Economy – Economist in Focus (Short)
A short-form, sharp overview produced today that highlights Pandey’s current perspective on key economic indicators.