Jagdish Bhagwati, C Rangarajan conferred with inaugural Prof CR Rao Centenary Gold Medal

Renowned economist Jagdish Bhagwati and C Rangarajan have been conferred with the inaugural Prof CR Rao Centenary Gold Medal (CGM) on Monday. Bhagwati is professor of economics, law and international relations at Columbia University and director of the Raj Center on Indian Economic Policies while C Rangarajan is the former chairman of the Economic Advisory Council of the Prime Minister and former governor of the Reserve Bank of India.

The Indian Econometric Society (TIES) Trust has instituted the award to commemorate the contributions of its professor CR Rao to the quantitative economic theory and practice and also the TIES over the last several decades.



The award will be presented once in two years to an Indian or Indian-origin scholar for her or his lifetime contributions to the fields of theoretical and applied aspects of quantitative economics, and official statistics.