Professor, National Institute of Public Finance and Policy, New Delhi. Views are personal.
New Delhi, India
Joined February 2016
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N R Bhanumurthy retweeted
Call for Papers: 61st Annual Conference of The Indian Econometric Society (TIES), University of Mysore, 21–23 Jan 2027. Conference President: Prof. Ashima Goyal (IGIDR). Submissions in Quantitative Economics & Econometrics due 31 Oct 2026. Submit: forms.gle/g5HtAbi2vEX7Egqb6
N R Bhanumurthy retweeted
#Opinion | #EconomicSurvey2026 underscores #India's macro stability, reform-led growth, and fiscal discipline, while warning that weak state finances pose emerging risks, writes @nrbmurthy73
mybs.in/2g3D3mJ
N R Bhanumurthy retweeted
Cash transfers aren’t the problem—poor implementation is, economist @nrbmurthy73 tells @pujamehra. Rationalising state welfare schemes could save public resources and improve outcomes.
Tune in to the latest episode of How India's Economy Works. youtube.com/watch?v=WuB3UVWJ…
N R Bhanumurthy retweeted
Today, @mssrf and the @MSEChennai formalised a long-standing association by signing a Memorandum of Understanding (MoU).
MSSRF brings deep expertise in #nutrition, #biodiversity, and #grassroots-level #policy research, while MSE contributes strong analytical capabilities in #economic modelling and policy frameworks. Together, this partnership aims to strengthen evidence-based policy suggestions and improve ground-level #impact.
This partnership marks a significant step toward collaborative research, robust policy development, and meaningful student engagement.
@doctorsoumya @nrbmurthy73
N R Bhanumurthy retweeted
Great honour for @RIS_NewDelhi to felicitate #PadmaAwards2025 with @vadirajpanch and #KLKrishna @RamSinghEcon @nageshkum @CharanSingh60 @sampanch
RIS hosted a special gathering to honour RIS Founding Director General, Prof. V.R. Panchamukhi, and Prof. K.L. Krishna, Former Director, Delhi School of Economics, and a close associate of RIS for being conferred one of India’s highest civilian honours, the Padma Shri in Literature and Education.
As they fondly reminisced about their memories of RIS, we celebrated their pioneering contributions—from nurturing generations of students to building institutions. Their legacy continues to inspire us.
@Sachin_Chat @DelhiSchoolOfEC @TIES_INDIA
N R Bhanumurthy retweeted
Heartfelt congratulations to Prof. K. L. Krishna (Vice Chairman, Board of Trustees of TIES) and Prof. Vadiraj Raghawendracharya Panchamukhi (Chairman, Board of Trustees of TIES) for being conferred the prestigious Padma Shri Award in the category of Literature and Education!
N R Bhanumurthy retweeted
Narrative of "structural" decline in consumption causing decline in Q2 GDP is FALSE. Expect Q3 GDP growth to rebound from the Q2 blip.
As this balanced piece by @nrbmurthy73 (Director of @MSEChennai in @FinancialXpress) shows, consumption ↑ by 6% in Q2-FY25 vs. 2.4% in Q2-FY24 and at 6.7% in H1 vs. 4.0% in H1-FY24.
Other +ve observations:
1. Agriculture and service sector growth are robust.
2. Though exports ↑ by 2.8% in Q2, exports ↑ in Oct-24 at a 2-yr high of 17.3%. So, exports will record robust growth in Q3.
Areas needing focus:
1. Investment ↑ at 5.4% vs 11.6% in Q2-FY24.
2. Mfg ↑ by 2.2% and Mining & Quarrying ↓ by -0.1%.
Absolutely no need for heads down after Q2 GDP growth of 5.4%.
India has seen such short-term dips in growth before - as recently as pre-Covid. So, no need for pessimism. Of course, the perennial pessimists will gloat… let them enjoy their moment! I’ve said it before and I will say it again - the structural strengths of the Indian economy are many.
To enable these strengths further, this is the BEST time (particularly next 1-2 years) to usher in more structural reforms, both at the centre and particularly at the state levels.
We must demand states to take responsibility for structural reforms as well. @narendramodi @PMOIndia @nsitharaman @nsitharamanoffc
Deeply honored to see @base_university students' pic here...thank you @AshwiniVaishnaw sir... and also thank you for introducing this scheme...will be a game-changer for the higher education @PMOIndia
N R Bhanumurthy retweeted
Spending on health, education hit as nations work on repayments.
fortuneindia.com/long-reads/…
#repayments #health #education
N R Bhanumurthy retweeted
Prof. N.R. Bhanumurthy, an alumnus of the School of Economics, University of Hyderabad (UoH), MA (1993-95) and MPhil (1997), has been appointed Director of the Madras School of Economics. Dr. C Rangarajan, former Chancellor of University of Hyderabad is the Chairman of Madras School of Economics. Prof Bhanumurthy recently concluded his term as Vice Chancellor of Bengaluru's Dr. B.R. Ambedkar School of Economics (BASE) University.
Prof. Bhanumurthy served as a Professor at the National Institute of Public Finance and Policy (NIPFP) in New Delhi. Previously, he held roles as Assistant and Associate Professor at the Institute of Economic Growth (IEG), Delhi. His career includes roles as a macroeconomist at UNESCAP in Bangkok and the UNDP Regional Centre for Asia-Pacific in Colombo. He has also been a Visiting Fellow at the Maison des Sciences de l’Homme in Paris and McGill University in Montreal. His consulting experience includes work with the ILO, the World Bank, and the Asian Development Bank.
In addition to his academic and consulting roles, Prof. Bhanumurthy is the Secretary of the Indian Econometric Society and the Managing Trustee of the Indian Economic Association Trust for Research and Development. He is also involved in various government committees. He holds a Ph.D. in International Finance from the Institute for Social and Economic Change (ISEC) in Bangalore. A prominent policy columnist and prolific researcher, Prof. Bhanumurthy has published extensively in national and international journals and has authored numerous commissioned policy papers.
We extend our best wishes to Prof. Bhanumurthy for a successful tenure at the Madras School of Economics.
@MSEChennai @HydUniv @ugc_india @EduMinOfIndia @nrbmurthy73 @IEGResearch @UNESCAP @UNESCAP_SEA @UNDPJPOCentre @UN @mcgillu @ilo @WorldBank @ADB_HQ @ISECBengaluru @MSHParisNord @FondationMSH @MSH_A
With great sadness we are writing to inform that Prof VN Pandit, former Director, Delhi School of Economics & former President @TIES_INDIA , passed away peacefully today at Puttaparthi. May his soul rest in peace.
N R Bhanumurthy retweeted
Experts suggest how Modi 3.0 can turbocharge the economy.
fortuneindia.com/long-reads/…
#Budget2024 #Roundtable #PreBudget
N R Bhanumurthy retweeted
What the government plans overall for the next five years is much more important for the businesses and the budget which will be presented for the next nine months.
youtu.be/422sfGCtZXo
#FortuneIndia #Budget2024 #prebudgetroundtable
N R Bhanumurthy retweeted
We are pleased to announce that Dr. D. Rajasekhar has assumed the office of Vc at Dr. B. R. Ambedkar School of Economics University, Bengaluru. Dr. Rajasekhar brings a wealth of experience and is also the Director of the ISEC, Bengaluru.
Warm welcome Dr. Rajasekhar
@nrbmurthy73
Dear Connections, I am glad to mention that after spending 4 years as first Vice Chancellor of @base_university , I have joined back at @nipfp_org_in today
N R Bhanumurthy retweeted
Hon'ble Governor Shri @TCGEHLOT Ji presided over the 1st Convocation of Dr. B. R. Ambedkar School of Economics University, Bengaluru.
Minister Shri M.C. Sudhakar ji , RBI former Governor Shri Dr. C Rangarajan ji , VC Dr. N. R.Bhanumurthy ji other dignitaries were present.
N R Bhanumurthy retweeted
ಬೆಂಗಳೂರಿನ ಡಾ. ಬಿ ಆರ್ ಅಂಬೇಡ್ಕರ್ ಅರ್ಥಶಾಸ್ತ್ರ ವಿದ್ಯಾಲಯ ವಿಶ್ವವಿದ್ಯಾಲಯದಲ್ಲಿ ಘನತೆವೆತ್ತ ರಾಜ್ಯಪಾಲರಾದ ಥಾವರ್ ಚಾಂದ್ ಗೆಹ್ಲೋಟ್ ರವರೊಂದಿಗೆ ಬಾಬಾ ಸಾಹೇಬ್ ಅಂಬೇಡ್ಕರ್ ರವರ ಪುತ್ಥಳಿಗೆ ಮಾಲಾರ್ಪಣೆ ಮಾಡಿ ಮೊದಲನೇ ವಾರ್ಷಿಕ ಘಟಿಕೋತ್ಸವ ಸಮಾರಂಭದಲ್ಲಿ ಭಾಗಿಯಾಗಿ ಪದವಿ ಪ್ರಧಾನ ಮಾಡಿ ಹಾರೈಸಿದೆ.
#drmcsudhakar #highereducation
N R Bhanumurthy retweeted
Call for application for the post of Vice Chancellor at Dr. B.R. Ambedkar School of Economics University, Bengaluru. Kindly find the link at the University handle:
base.ac.in/selection-of-vice…
#vicechancellor #economicsjobs #professor
@nrbmurthy73
