India names Panagariya as vice-chairman of PM's Policy Commission

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Reuters NEW DELHI
Last Updated : Jan 05 2015 | 5:48 PM IST

NEW DELHI (Reuters) - Economist Arvind Panagariya has been appointed to run Indian Prime Minister Narendra Modi's new Policy Commission, a statement issued by the Prime Minister's Office said on Monday.

The new commission was set up to modernise economic strategy after decades of Soviet-style central planning.

Economist Bibek Debroy along with former secretary of defence research and development V.K. Saraswat were named as the other full-time members of the commission, also called the National Institution for Transforming India (NITI).

(Reporting by Malini Menon; Editing by Douglas Busvine)

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First Published: Jan 05 2015 | 5:34 PM IST