Ex-RBI dy Guv joins Yale; says no Indian varsity offered job
New Delhi: Former RBI deputy governor
Rakesh Mohan, who has been appointed as a faculty in the
prestigious Yale University, today said he was not offered a
teaching job by any Indian university.
"None of the Indian universities offered me to join
them as a professor. When one of the top dozen universities
sends you a call, you do not deny," he said when asked about
why he didn't think of teaching in India.
Mohan said he would like to see India as the
intellectual centre of the world in the coming years.
"At every point of time, there are particular
intellectual centres, like it was Europe at some time and now
it is the US. I hope to see India as the intellectual centre
of the world in the coming years," Mohan told PTI here.
He said a great deal of work is going on in the Asian
countries nowadays and hoped that India would be able to
revamp its higher education system.
"What is important from the country's point of view is
to build intellectual capacity. We can aim and hope that India
becomes the intellectual centre of the world soon," he said.
Speaking about the concept of 'brain drain' and 'brain
gain', the economist said, "Today's world is a global world
and each country engages with the other. You never know brain
drain or gain."
Mohan has been appointed as professor in the Practice
of International Economics and Finance in the Yale School of
Management, and as a senior Fellow in the Jackson Institute
for Global Affairs at Yale University.
"Mohan now joins the Yale faculty that includes Tony
Blair, Ernesto Zedillo and Rajendra Pachauri among other
notable people," George Jospeh, assistant secretary of the
Mohan has done his Master's and Doctorate in Economics
from Princeton University and BA from Yale, besides a
Bachelors of Science in Electrical Engineering from Imperial
College of Science and Technology, University of London.
He is currently the non-executive vice chairman of
the Indian Institute of Human Settlements, and Global Adviser
to the McKinsey Global Institute, McKinsey and Company.
In February, Prime Minister Manmohan Singh appointed
Mohan as chairman of the multi-ministry National Transport
Development Policy Committee to recommend transportation
policy for India.
The economist will formally serve on the faculty from