Chetan Ghate has been teaching at the Indian Statistical Institute (ISI) since 2000 and is currently a Professor at the ISI Delhi Centre. He served as a member of the Reserve Bank of India’s first Monetary Policy Committee from October 2016 to October 2020. Between February 2022 and February 2025, he was the Director of the Institute of Economic Growth, New Delhi. Since June 2025, he has been serving as a (Part-Time) Member of the Economic Advisory Council to the Prime Minister (EAC-PM).

Chetan Ghate works in the areas of macroeconomics and monetary economics, with research interests spanning monetary–fiscal interactions, economic growth, and business cycles, and a particular focus on emerging market economies, East Asia, and India. He is a strong proponent of the field of “Indian Macro”, advancing research that applies dynamic general equilibrium (DSGE) models to the analysis of Indian macroeconomic policy. His recent work examines the determinants of national savings rates, multi-sector DSGE models, monetary transmission in the presence of informal labour markets, quantitative macroeconomic models of fiscal dominance, as well as issues related to green growth and green monetary policy.

He is currently the Co-Director of the India Sustainable Growth Hub (ISGH), a joint initiative of the London School of Economics and Political Science (LSE) and the Indian Statistical Institute, Delhi, which focuses on advancing research and policy engagement on sustainable growth. He also serves on the Advisory Committee for National Accounts Statistics (ACNAS) at the Ministry of Statistics and Programme Implementation (MoSPI).