Dr Vijay Kelkar Chairman of Forum of Federations
The President of India has conferred the Padma Vibhushan upon Dr Vijay Kelkar in recognition of his exceptional and distinguished service to the nation in the field of public affairs. This is India’s second highest civilian honour and only 264 awards have been made since it was instituted in 1954. In addition to being the chairman of the Forum of Federations, Dr. Kelkar is also currently chairman National Stock Exchange of India.
During his long and distinguished career in public affairs, Dr Kelkar has had a major impact on economic policy in India. Most recently he was chairman of the 13th Finance Commission of India, which lays down the basis for fiscal arrangements and transfers between the Union and state governments in India. Dr. Kelkar headed the task force for the Implementation of the Fiscal Responsibility and Budget Management Act of the Union ministry of finance in 2004; the task force on direct taxes, Union Ministry of Finance in 2002 and the task force on indirect taxes, Ministry of Finance in 2002. Other key posts he has held include that of Advisor to the Minister of Finance, Government of India in the rank of a Minister of State, from August, 2002 to September, 2004; Finance Secretary, Government of India, 1998 1999; Chairman, Tariff Commission, Government of India, 1997 1998; Secretary, Ministry of Petroleum & Natural Gas, Government of India, 1994 1997. Between 1999-2002, he was an executive director in the International Monetary Fund (IMF).