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Laveesh Bhandari is an Indian economist, author, columnist and entrepreneur. He is currently the Director of Indicus Foundation after exiting from the economics research firm Indicus Analytics that he had founded.
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His work has spanned industrial and economic reforms in India, performance of Indian states and Union Territories, Socio-economic conditions, and Economic geography. Bhandari is also involved in ventures dealing with Internet and New Media technologies. He cofounded Raftaar.in which is a Hindi portal, and JuxtConsult which was India's first internet survey and research firm.
Early life
Bhandari was born in Indore, Madhya Pradesh and went onto do his schooling from the Delhi Public School, R. K. Puram in New Delhi.
He spent most of his teenage years in Delhi and in 1985, he went to University of Delhi to pursue B.A. in Economics (Hons.). Following his graduation, he completed M.A. with a specialization in Finance & Industrial Organization from Boston University in the year 1992.
Career
In 1996, Laveesh Bhandari obtained his Ph.D in economics with a thesis on International Corporate Alliances and Joint Ventures from Boston University, Department of Economics. His thesis was awarded the ‘Best Thesis in International Economics’ by the EXIM Bank of India. Bhandari was also awarded the Hite Fellowship for Research on International Finance that gave him the opportunity to work with Andrew Weiss at Boston University. He returned to India and joined the National Council of Applied Economic Research, as a Senior Economist in the same year. At NCAER, he led research teams for various studies on Indian industry and infrastructure.
In 2001, he founded Indicus Analytics and collaborated extensively with Bibek Debroy on a host of issues pertaining to the Indian economic geography and performance of states and districts of India. In parallel, Indicus brought out a sequence of databases that provided estimated data on consumer demography at a district, city or neighborhood level. The company also forayed into time series sectoral GDP estimates at the district level, contributing to the work collaborated upon by the two. His other strand of work on financial inclusion was conducted jointly with Sumita Kale.
Over the years, a large section of his work on education and health has been conducted on behalf of UNICEF and World Bank. In 2010 he collaborated with Ajay Mahal and Bibek Debroy on the India Health Report. Between 2012 and 2015 he concentrated on using satellite imagery to estimate affluence, poverty and level of economic activity.
Apart from Indicus Analytics he has founded Raftaar, a web portal in Hindi. He has also co-founded Juxt Consult, an online research firm. He is a Member of the committee overseeing Academic Research at the Reserve Bank of India and has been a part of the editorial board at Business Standard. He was also the first Managing Editor of Journal of Emerging Market Finance. In the early part of his career he taught economics at Indian Institute of Technology Delhi and Boston University. He currently is also the President of Citizens Alliance, organization working on urban governance issues.