Rupamanjari Sinha Ray

Associate Professor
Faculty In-charge Consulting

[email protected]


She had joined MDI on 2nd April, 2008. She was a UGC sponsored JRF-NET Research Fellow of Jadavpur University. She has more than 14 years of PG management teaching experience and 2 years of UG teaching experience. She had started teaching in Management schools from 2006 in Asia Pacific Institute of Management and NIILM Centre for Management Studies before joining MDI Gurgaon.  She has worked on three research projects – one on CSR sponsored by AICTE; and the other on Common Service Centres, sponsored by Idea Centre for Telecom Excellence, IIM Ahmedabad and Sustainable Development practices of Medium enterprises. She has co-authored a book on CSR, and published research papers in the field of International Trade and environment, CSR and Environmental responsibilities of firms, SEZs, common services centres in reputed and refereed national and international journals. She also has authored and co-authored three chapters each in two books published by international publication houses. Currently she is part of a Transdisciplinary Research Cluster on Frugal Innovation at JNU. She does training on CSR and in-company general management modules for executives from organizations like Indian Oil, BEL, IRS officers, Oriental Bank of Commerce, she does consultancy in CSR, environmental management and sustainable development and sectoral policies. She was involved in a third party evaluation of CSR consultancy project of a public sector firm. Her areas of interests in teaching and research are Microeconomics, Macroeconomic Environment and policies, Environmental Economics, International Trade, Sustainable development, policy issues in Rural development and CSR. She had also been involved as a Project Coordinator of “State Finances of Haryana: Outcome Evaluation of 14th Finance Commission”, a study conducted for Fifteenth Finance Commission. The study report has been uploaded in the Website of Finance Commission.


NET-UGC –JRF Fellowship

Best Paper Overall, IAMB Conference New Oreleans, USA

Affiliation & Membership

Life Member of Indian Economic Association.

More than  14 years of teaching experience in PG Management level and 2 years in UG level.

Various subjects taught at various programmes

1. Microeconomics in PGPM, PGIM and NMP

2. Macroeconomics in PtPGPM


4. EEP2 in PGPM

5. Environmental Management and Green Accounting in Energy Management, Pt-PGPM and FPM

6. Quantitative Methods in Policy Research in Public Policy programme

Involvement in Research Projects:

Co-investigator of AICTE Project on “CSR practices in India” (Principal Investigator Prof. CV Baxi of MDI) from 2008-2010 and successfully completed.

Co-investigator of the Project “Impact of USO Policy for Tower Creation” mainly a study on Common Service Centres (CSCs) in two states UP and Meghalaya from October 2009 to July 2010 and successfully completed

Research Associate in Indira Gandhi Institute of Development Research from 22nd February to 15th July, 2005 – NIRD Project on Rural Urban Disparities

Principal Investigator of the MDI Seed fund project “A study of sustainable development practices of medium enterprises, completed in  2016.

Ongoing Research

Guidance of PhD students at MDI

Chairperson of the Thesis Committee of Shallini Saggar, FPM student of MDI, Topic: Measuring corporate Social and Financial Performance- Stakeholder Approach, awarded in  2014

Member of the Thesis Committee of Seema Sahai, FPM student of MDI, Topic: Determinants of Growth among Microfinance Borrowers: An Empirical Study of Micro Enterprises Financed by MFIs in India, awarded in 2020

Member of the Thesis Committee of Rahul Govind Pramani, FPM student of MDI, Topic: Corporate Governance and Sustainability in Mining Sector in India, ongoing


Co-authored with Prof. Biswajit Chatterjee “WTO, Indian Economy and Environment - Some Implications” published in  “WTO and Indian Economy”, the book edited by G.K.Chadda in the year 2001

Co-authored with Prof. Biswajit Chatterjee “Gains from Trade in presence of environmental externality – A note”, Arthabikshan (Journal of Bengal Economic Association), Vol 16 (1), June 2007

Co-authored with Prof. Biswajit Chatterjee “Impact of Environmental Standards on World Capital Market in a Two-period global equilibrium framework”, The Indian Economic Journal, Vol 54 (4), Jan-March, 2007 “Trade and Environment – Issues and Policies: A Survey of Literature”, Indian Economic Journal, Vol 56(4), Jan-March, 2009

Co-authored with Prof. C.V. Baxi of MDI, “Corporate Social and Environmental Disclosures & Reporting”,  Indian Journal of Industrial Relations, Vol 44(3),  January, 2009

Co-authored with Prof. Biswajit Chatterjee “Trade versus Environmental Quality in an Overlapping Generation Framework - A Developing Country Perspective”, Journal of Quantitative Economics, New Series, Vol 7(1), January 2009

Co-authored with Prof. Rohit Prasad of MDI, “Special Economic Zones in India: Following Well-Trodden Paths”, Indian Journal of Economics & Business, Vol 9(3), September 2010.

Coauthored with Prof. Rohit Prasad, “Critique of the Common Service Centre Scheme”, Economic and Political Weekly, Vol XLVII (6), February 11, 2012, pp 18-23

Authored a chapter in a book, “Accumulation of Capital for Pollution Abatement and Immiserizing Growth—A Theoretical Result for Developing Economies” in the book entitled “Analytical Issues in Trade, Development and Finance” Ed by Karmakar, A. and Ghosh A., Springer, 2014

Co-authored with Prof. Rohit Prasad “Telecentres go where mobile phones fear to tread: Evidence from India”, Review of Market Integration, Vol 6(1), 2014

Coauthored paper with Prof. Rohit Prasad, “The relation of traffic balance and network size: a case from the Indian mobile industry” in Netnomics, Vol 16(3), Springer, 2015

Coauthored paper “A Multi-Stakeholder Approach to Measuring Success:  Empirical Tests in Indian Business” in the book entitled Corporate Behavior and Sustainability: Doing Well by Being Good, Ashgate, England, 2016

The paper “Benefits and Challenges of Sustainability Practices of Indian SMEs: Case studies from National Capital Region”,  in Conference Proceedings, 23rd IAMB Conference, New Orleans USA ,January 2017

Co-authored a chapter “CSR Practices of a Mining PSU: Implementation challenges” in a book entitled “Mandated Corporate Social Responsibility: Evidnce from India”, ed. By Mitra, N and Schemidpeter, R. Springer, Switzerland, 2019

Co-authored a paper entitled “Why Private Sector led financial inclusion cannot work for development? Case of Microcredit in India”,  Indian Journal of Finance and Banking, Vol 4(1), 2020

Co-authored a paper “Determinants of Growth of the Informal Sector Micro Enterprises: Empirical Study in India”, Enterprise Development and Microfinance (Forthcoming)

Workshops & Programs

Conference & Workshops:

The article “WTO, Indian Economy, and environment-Some Implications”, was presented by Prof. Biswajit Chatterjee in the 83rd Conference of Indian Economic Association, held at Jammu University in December 2000

The same article was presented at PhD Scholars’ Workshops held at Jadavpur  University in October , 2000

The paper captioned “Trade in presence of Environment – Some Results  Revisited” presented at Jadavpur University’s PhD Workshop held in  October 2001

The revised version above paper was presented at 39th TIES Conference of Indian Econometric Society held at Baroda in February 2003

The paper captioned “Environment Growth and International Trade in OLG Open Economy” presented at 40th TIES Conference of Indian Econometric Society held at Bangalore in February 2004

Attended the International Conference on ‘Linking India to the World Economy’ organized jointly by ICRIER and World Bank in November, 2006

Attended the 2nd K.B.Lal. Memorial Lecture by D.H.Lawrence on ‘Global Warming and Global Investment’ organized by ICRIER in April, 2007

The paper  captioned “ Impact of Environmental Standards on World Capital Market in a Two-period global equilibrium framework” presented  in the Conference of ‘Green Business’ at Jaipuria Institute of Management, Noida in April, 2007.

The paper entitled “Outsourcing Development: A Case for CSCs” presented in International Conference On Challenges To Inclusive Growth In The Emerging Economies from 15th-17th December, 2010, IIMA

Attended a Seminar organized by India Development Foundation (IDF), Law and Economics, on three research papers dealing with the issue of Competition Policy.

FDP organized by Harvard Business Publishing on “Participatory learning” based on Case Teaching Method sponsored by MDI, March 2012

Organizing committee member for the conference Global Conference on Managing in Recovering Markets (GCMRM), March 2015 held at MDI Gurgaon, India.

The paper “Benefits and Challenges of Sustainability Practices of Indian SMEs: Case studies from National Capital Region”,  presented in 23rd IAMB Conference, New Orleans USA, January 2017

Organizing committee member for the Conversation Series on Gurugram, Series 1:Roads on Gurugram, April 2019

Coordinator and Convenor for the Conversation Series on Gurugram, Series 3: Solid Waste Management, January 2020

Organizing committee member for the Webinar “Conversation Series on Gurugram, Series 4: Towards Social Architecture building of Gurugram, July 2020

As Programme Director in general management

1. BEL E2-E3 &E4

2. IOCL Cutting edge, Threshold, Managerial Leadership: Broadening Horizon

3. IRS Training

4. Project Appraisal for IES Officers

5. Induction Programme for PFC Officers on Energy Management

6. Management Programme for RBL Bank Officers

As Teaching Faculty for Indian and Global economic policies

1. BEL E2-E3 &E4

2. IOCL Cutting edge and Threshold

3. IRS Training

4. Oriental Bank of Commerce

5. Bank of Baroda

6. DST scientist

7. Railways

8. Armed Force

9. MES

10. LIC

Open MDP

1. Implementing CSR and sustainability framework

Project Coordinator of the “Third Party Mid-term Assessment of CSR projects for the FY 2011-12” of Hindustan Copper Limited.

Interconnect pricing of tower sharing in mobile services for Vodafone in 2010

Project Coordinator of “State Finances of Haryana; Outcome Evaluation of Fourteenth Finance Commission Recommendations”, as study for Fifteenth Finance Commission, 2018