Pattnaik holds a PhD degree from IIT Bombay prior to joining Gokhale Institute of Politics and Economics he served Reserve Bank Of India nearly two and half decades as a policy economist. He was professor of Economics at S.P jain Institute of Management and Research and also K.J Somaya Institute of Management and Research in Mumbai. He was dean academics at IMT Hyderabad. Pattnaik was also consultant Economics to Axis bank and Asian Development Bank.

Pattnaik while serving RBI as a policy economist participated in Conferences/Seminars/ Annual meetings organized by IMF, World Bank, ADB and G20.

Currently Pattnaik at Gokhale Institute teaches Macroeconomics, Monetary Economics, Public Economics, Business Environment in Public Policy and Global Institution in Geopolitics and Geoeconomics.

Pattnaik is the coordinator in three M.Sc programes viz; Financial Economics, Public Policy and Geopolitics and Geoeconomics.

Pattnaik has Co-authored a book on Financial Markets and Institutions and has published research articles in national and international journals.
Pattnaik writes editorial, opinion columns in business line.

“Financial Market and Institution” 8 th edition , Pearson : Co-author with Fredrick. S . Mishkin, Stanley G. Eakins, Tulsi Jaykumar

Public Debt Management : Separation of Debt from Monetary Management
in India; 2016 , Editor : Charan Singh; Springer

“Innocuous or Insidious? Raising Questions on Ways and Means Advances” Economic & Political Weekly EPW november 4, 2023 vol Viii no 44

“Sustainability of Fiscal Policy is the Key to Prudent Fiscal Management in India in the Aftermath of  COVID-19 Pandemic: An Assessment” Empirical Economics Letters, 20 (Special Issue 4) (July 2021) ISSN 1681 8997

“Extending Design Thinking to Public Policy A Prototype for Fiscal Rule” august 22, 2020 vol lV no 34 EPW Economic & Political Weekly

“Indian fiscal federalism: a study of factors affecting resource position of the state governments” Journal of Social and Economic Development ,2019, https://doi.org/10.1007/s40847-019-00087-9

“Impact analysis of demonetization on service sector: An Indian experience” 11 th June 2017 Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 598)) , Springer.

“Rule-Based Fiscal Policy in India: An Assessment” BULMIM Journal of  Management and research, 2016

“Financial Market Development and Integration: A look at the Indian story” National Stock Exchange of India Limited, 2014 – academia.edu

Foreign Institutional Investor (Fii) Flows: Some Indian Perspectives  April 1, 2011 Volume 46, Issue 1 https://doi.org/10.1177/0015732515110101, Sage Journals

“RBI on Medium-Term Challenges” Vol. 46, Issue No. 40, 01 Oct, 2011, Economic and Political Weekly

“Empirical Fiscal Research in India: A Survey,” The RBI, 2009

Indian experience of inflation: A review of the evolving process Economic and Political weekly, 2006

“Fiscal policy indicators in a rule-based framework: An Indian Experience”- Available at SSRN 2005230, 2006

Public expenditure and emerging fiscal policy scenario in India Available at SSRN …, 2005

Sustainability of public debt in India: An assessment in the context of fiscal rules 6th Workshop on Public Finance , Available at SSRN  2003

“Exchange rate policy and management: The Indian experience”- Economic and Political Weekly, 2003

“Uniform Import Duty: Next Step in Tariff Reform” Economic and Political Weekly, 2004

“Budget Deficit in India : A Primer on. Measurement,” RBI Staff Studies 1999

“Fiscal Marksmanship in India.” Reserve Bank of India Occasional Papers. 1990

Reviving growth is a tall order – January 08, 2025
Managing inflation gets precedence over growth – December 11, 2024
Signs and signals of the coming rate cut October 02, 2024
Decoding RBI’s surplus transfer to govt – June 06, 2024
Is the external sector resilient? – July 25, 2023
RBI’s liquidity management dilemma – June 28, 2023
Growth prospects appear sluggish – June 12, 2023
Withdrawal of ₹2,000 note, a prudent step – May 22, 2023
WMA: Fixing a tool that has gone haywire – May 10, 2023
Take the ‘natural’ rate of interest seriously -April 18, 2023
Leave States to fix their own fisc -February 19, 2023
Budget in the time of fiscal stress – January 29, 2023
Monetary policy is starting to bite – December 12, 2022
A global storm of stagflation  – August 18, 2022
Are we headed for an external sector crisis?   – July 07, 2022
Is the Indian economy truly resilient?  – June 14, 2022
Growth will have to be sacrificed  – May 05, 2022
Standing deposit facility, a policy milestone  – April 17, 2022
Driving monetary policy in troubled times  – April 07, 2022
The tentativeness of private investments  – February 28, 2022
Behind the scenes of an optimistic Survey  – January 31, 2022
RBI policy. Has monetary policy been effective? – December 09, 2021
Persistent inflation will hurt growth – December 02, 2021
Wise to stay with accommodative stance  – October 24, 2021
The flip-side to building forex reserves  – July 25, 2021
Sustaining the nascent economic recovery – June 27, 2021
Fault lines in RBI’s surplus transfer to govt – June 01, 2021
Blind optimism on GDP growth  – May 04, 2021
Moral hazards of RBI’s balance sheet approach – April 11, 2021
Limits to an accommodative monetary policy  – February 07, 2021
Countercyclical fiscal policy may not help – January 31, 2021
Do not tinker with ‘Flexible Inflation Targeting’ – January 21, 2021
RBI’s fuzzy focus on State finances – November 03, 2020
Why productivity is almost everything – October 18, 2020
Should RBI be the debt manager of govt?- October 11, 2020