Chetan Ghate is a Professor of Economics in the Economics and Planning Unit, Indian Statistical Institute (ISI) – Delhi. He joined ISI in 2003.
He is a former Director of the Institute of Economic Growth in New Delhi (between 2022-2025). He is the Co-Director of the India Sustainable Growth Hub (ISGH). He is also currently a part time member of the Economic Advisory Council to the Prime Minister (EAC-PM).
He received his PhD in Economics from Claremont Graduate University, California, in 1999. He completed his M.A. in Economics from the Delhi School of Economics in 1995. His research focus is in the fields of macroeconomics, monetary economics, economic growth and development, and the Indian macroeconomy.
In 2014, he was awarded the Mahalanobis Memorial Gold Medal given to the best research economist in India under the age of 45.
Chetan has held several visiting faculty positions in India and abroad, and has been closely involved with the Reserve Bank of India in an advisory capacity. He was a member of the Reserve Bank of India’s first Monetary Policy Committee (MPC) until October 2020.
From 2012-2013 he was the Reserve Bank of India Chair Professor in Macroeconomics at ICRIER (New Delhi). From February 2013 to September 2016, he was a member of the Technical Advisory Committee (TAC) for monetary policy at the Reserve Bank of India.
In September 2013, he served as a member of the Expert Committee to Revise and Strengthen the Monetary Policy Framework. Chetan chaired the academic advisory board of the Reserve Bank of India Academy, and serves on the editorial board of the RBI Occasional Paper Series.
Chetan is an external affiliate of the Centre for Research in Macroeconomics and Macro-Finance at Swansea University (Wales, UK). He is a member of the Macro Finance Society. He is also a Research Associate at the Centre for Applied Macroeconomic Analysis (CAMA) at the Australia National University (ANU), Australia.
