New Delhi: Eminent economist R Kavita Rao has taken charge as the Director of NIPFP (National Institute of Public Finance and Policy) for a five-year term. Rao has replaced Pinaki Chakraborty. "We are delighted to inform you that Professor R Kavita Rao has been appointed as Director of National Institute of Public Finance and Policy (NIPFP), for a five year term, commencing June 20, 2022," NIPFP said in a tweet.