About Me

Dr. Arvind Gupta holds Ph.D degree in Economics  from the Banaras Hindu University (BHU) and has been associated with leading national and international Economic Research and Consultancy firms in various capacities. He has also been closely associated with electronic and print media for over two decades. He has authored a book on Public Sector Enterprises and has frequently contributed articles on contemporary issues relating to Indian economy and corporate public issues affecting good corporate Governance and for promoting Investors awareness, education and protection. 

Total of over 30 years of senior level cross functional professional engagement with leading national and international Research, Development and Management Consultancy organizations. Of these over ten years as Executive Director; eight years as the Economic Adviser to top Industrialist Parliamentarian media baron in India and rest as Research Associate, Consultant, Chief Economist and Investment Advisor. Among others Dr. Gupta has served with National Institute of Public Finance & Policy, New Delhi; The World Bank, New Delhi and Development Economics Research Centre, University of Warwick, UK etc. Finally, most recently served as President for a leading vernacular Hindi print media. 

Fairly well traveled to East Asian economies like Bangkok, Hong Kong, Singapore, South Korea, Ghana in Africa and the UAE. Developed economies like the USA, Canada, European Countries like the Germany, France, Libya, Holland, etc for business / professional missions. He has been associated with Indian Print Media Business. Provided consultancy for promoting exports and import of products, technology and management consultancy services. Has also been associated with formation of overseas Joint Ventures in countries like Dubai, Malaysia, Singapore, South Korea, South Africa and Germany. 

Dr. Arvind Gupta is a Founder Trustee of the Indian Investors Protection Council (IIPC) established in the year 1993 for obtaining economic justice to common man and promoting investors’ awareness in the country. Organized several talks and seminars on contemporary economic issues of significance and national importance. 

Dr. Arvind Gupta has been passionately associated with enforcement of public accountability, transparency, good governance and stakeholders’ rights for corporate democracy. Past over thirty years of economic reforms, Dr. Gupta has raised host of economic issues of public interest and governance for judicial reviews by way of Public Interest Litigation (PILs) before the Hon’ble High Courts and the Supreme Court of India challenging untenable public policy and privatisation of state owned public enterprises. 

The subject of public interest litigation covers issues encompassing subjects like:

• Challenging discriminatory public issue of equity shares at a premium by Videocon Narmada Electronics Limited before the MRTPC even before the scrapping of the CCI;
• Challenging issue of Morgan Stanley Mutual Funds (before the Hon’ble DHC /and the Hon’ble SCI) 1993 by the Foreign Mutual Fund Managers in India;
• Challenging the privatisation of the IPCL 1993 before SCI without the Parliament consenting the Privatisation of the Public enterprises; Challenged Privatisation of Doordarshan Satellite Channel on First Cum First Basis (FCFS) of India (SCI) - but the Union Govt. did not introduce any new Scheme;
• Challenging the validity of Imposing the Service Tax via Finance Bill 1995 without following the due constitutional process under Article 265 of the Indian Constitution stating, “No tax shall be levied or collected except the authority of law” (before the DHC);
• Challenged Pre-emptive Divestment of Ahmedabad Electricity Company (AEC) by the Gujarat Government lead by Shanker Sinh Vaghela to private Torrent Group via Government Resolution flouting all SEBI’s Norms for prevention of Insiders Trading before the Hon’ble Gujarat High Court;
• Challenged host of PSU Divestment via Auctioning of the Listed PSU shares; Preventing Environmental Radiation from Telecom Towers (before the Hon’ble NGT); 
• Challenged 2G Spectrum Allocation bases on FCFS basis (DHC) eventually the Hon’ble SCI quashed over 122 telecom licences causing historic damage to country;
• Challenged role of the CAG overstepping jurisdiction before the Hon’ble SCI, etc etc;

Most publicised recent issue under investigation by multiple government agencies relate to discovery of corrupt banking practices relating to conflict of interest exposing bad quid pro quo banking practices by the ICICI Bank and the Videocon Group among others compounding banking NPAs and financial losses to the stakeholders and the Exchequer. The speed of financial sickness and ultimate collapse of the Aviation company - the Jet Airways Limited - was initially red flagged by him. Dr. Arvind Gupta appears as Petitioner-in-Person in PILs before the Indian Judiciary seeking economic justice for the protection of stakeholders common public interest.