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Kerala government economic adviser Gita Gopinath appointed IMF director of research

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By Arul Louis
United Nations, Oct 1 (IANS) Eminent academic and economic adviser to the Kerala government, Gita Gopinath, was appointed on Monday as Director of the International Monetary Fund’s Research Department.

Announcing the appointment, IMF Managing Director Christine Lagarde called her “one of the world’s outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience”.

“All this makes her exceptionally well-placed to lead our Research Department at this important juncture. I am delighted to name such a talented figure as our Chief Economist,” she said in a statement.

The director of the IMF’s Research Department oversees the World Economic Outlook Report that is considered a major survey of the global economy as well as several other reports and research projects that determine the financial and economic statuses of countries.

She succeeds Maurice Obstfeld, who announced in July that he would retire at the end of this year.

Gopinath, who received her MA degree from the Delhi School of Economics, is the John Zwaanstra Professor of International Studies and Economics at Harvard University.

She is concurrently the economic adviser to the Chief Minister of Kerala and, according to her bio at Harvard, she was appointed in 2016 to the honorary position with the rank of principal secretary.

She has also served as a member of the Eminent Persons Advisory Group on G-20 Matters for India’s Ministry of Finance.

She received her Ph.D in economics from Princeton University in 2001 for her work on international macroeconomics and trade and was an assistant professor at University of Chicago before moving to Harvard in 2005.

Her bachelor’s degree was from Lady Sri Ram College in New Delhi.

She received the Bhagwati Prize for the best paper published in the Journal of International Economics in 2003 and 2004.

In 2014, she was named one of the top 25 economists under 45 by the IMF and she was a World Economic Forum Young Global Leader in 2011.

Gopinath is also the co-editor of the American Economic Review and Handbook of International Economics, co-director of the International Finance and Macroeconomics Programme at the National Bureau of Economic Research and a member of the Economic Advisory Panel of the Federal Reserve Bank of New York.

She has authored some 40 research articles on exchange rates, trade and investment, international financial crises, monetary policy, debt and emerging market crises, according to the IMF.

(Arul Louis can be reached at [email protected] and followed on Twitter at @arulouis)

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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