1950: Stood first in BA (Hons), Economics, Panjab University, Chandigarh, 1952; Stood first in MA (Economics), Panjab University, Chandigarh, 1954; Wright's Prize for distinguished performance at St John's College,Cambridge, 1955 and 1957; Wrenbury scholar, University of Cambridge, 1957; DPhil (Oxford), DLitt (Honoris Causa); PhD thesis on India's export competitiveness OCCUPATION /Teaching Experience: Professor (Senior lecturer, Economics, 1957-59; Reader, Economics, 1959-63; Professor, Economics, Panjab University, Chandigarh, 1963-65; Professor, International Trade, Delhi School of Economics,University of Delhi, 1969-71; Honorary professor, Jawaharlal Nehru University,New Delhi, 1976 and Delhi School of Economics, University of Delhi,1996 and Civil Servant Working Experience/ POSITIONS: 1971-72: Economic advisor, ministry of foreign trade 1972-76: Chief economic advisor, ministry of finance 1976-80: Director, Reserve Bank of India; Director, Industrial Development Bank of India; Alternate governor for India, Board of governors, Asian Development Bank; Alternate governor for India, Board of governors, IBRD November 1976 - April 1980: Secretary, ministry of finance (Department of economic affairs); Member, finance, Atomic Energy Commission; Member,finance, Space Commission April 1980 - September 15, 1982: Member-secretary, Planning Commission 1980-83: Chairman, India Committee of the Indo-Japan joint study comm