Prof. Rajas Parchure is Reserve Bank of India Professor of Finance and Officiating Director of Gokhale Institute of Politics and Economics, Pune. He has 33 years of experience in research and teaching at the post graduate level. Prior to joining Gokhale Institute of Politics & Economics, Pune, as RBI Chair Professor in 2007, he served as Professor at National Insurance Academy, Pune, where he was instrumental in the formulation of weather insurance programme in India.
As Officiating Director Prof.Parchure has successfully upheld the legacy of Gokhale Institute of Politics & Economics, Pune by strengthening research activities and by introducing new academic programmes in specialized and emerging areas –M. Sc. (Financial Economics),M. Sc. (Agribusiness Economics)and M. Sc. (International Business Economics and Finance).He successfully leads a team of dynamic faculty at the Institute in promoting teaching learning processeswhich are at par with renowned global universities. He is also credited with initiating Academic Exchange Programmes with Gottingen University, Germany and Meiji University Japan.
Prof. Parchure has published six books, five monographs and fifty research articles on various fields of Economics such as capital markets, actuarial science, etc. His book on “The Theory of International Values” published by Wiley is widely referred. His area of research spans are Financial Economics, Managerial Economics, Linear Economics, Corporate Finance and Investments, Input-Output Analysis and Actuarial Methods in General and Life Insurance. Currently, Prof. Parchure is the chairman of the Sub-Group of Risk Management in Agriculture, XIIth Five Year Plan (2012-2017) and Member Executive Committee, Input-Output Research Association of India. He was the SEBI nominee, Board of Directors of Pune Stock Exchange, Pune. Prof. Parchure is currently heading a team of researchers undertaking evaluation of various District Planning Programmes in Maharashtra, NABARD project on farmers’ distress in Maharashtra, among others.
Prof. Parchurehas undertaken consultancy assignments on “Pricing of Electricity Produced from Bagasse by Qualifying Sugar Factories”and “Assessment of Biogas Availability for Biomass Power Generation in Maharashtra”for MERC (Maharashtra Electricity Regulatory Commission).
Prof. Parchure regularly deliver lectures at various research and teaching institutes in India and abroad including various IIMs in India, Manchester Business School, University of Gottingen, Germany, Meiji University Japan. He has designed, conducted and lectured in training programmes for business executives and senior government officers institutions such asYashwantraoChavan Academy of Development Administration (YASHADA), Puneand National Institute of Bank Management (NIBM), Pune, Maharashtra Industrial and Technical Consultants (MITCON), Central Institute of Road Transport (CIRT), UTI Institute of Capital Markets, Vaikuntha Mehta National Institute of Co-operative Management (VAMNICOM), Pune.
Thirty candidates have completed doctoral degree under the able guidance of Prof. Parchure. He is one of the recognized Ph.D. supervisors under SavitribaiPhulePune University.