Arvind Panagariya Received High Honors from the Government of India
Professor Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at SIPA, was awarded the Padma Bhushan by the government of India in February 2012. Professor Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at SIPA, has been awarded the Padma Bhushan by the government of India. The Padma Bhushan is India’s third highest civilian award, following the Bharat Ratna and Padma Vibhushan. It was established in 1954 to recognize distinguished service of a high order in any field.“Padma Bhushan is such a huge honor,” said Panagariya. “I feel the reward for several decades of hard work and persistence has concentrated in one moment. But the award is also an inducement to do more.”
Jagdish Bhagwati, Arthur Lehman Professor of Economics and namesake of Columbia’s chair in Indian Political Economy, calls Panagariya the greatest scholar today on the Indian economy. “The conferment of the Padma Bhushan is only a recognition of what he has achieved,” said Bhagwati. “Research and teaching are what set a University apart; his values are just what Columbia needs.” Bhagwati was honored with the second highest civilian award in India, the Padma Vibhushan, in 2000. Padma Desai, Gladys and Roland Harriman Professor of Comparative Economic Systems at Columbia and co-author with Bhagwati on India: Planning for Industrialization (1970, Oxford University Press), also received the Padma Bhushan in 2008.