Former Chief Economic Adviser K.V. Subramanian has become the first Indian economist to receive the University of Chicago Alumni Award for Professional Achievement (2026). This is the first time in the award's 85-year history that it has gone to an Indian economist. Subramanian served as Chief Economic Adviser of India from 2018 to 2021. He has also served as Executive Director at the International Monetary Fund (IMF), representing India on its board.