Our Faculty


PhD. Anand Asthana

Professor / Researcher

Fordham University


Professor Asthana holds a PhD in Economics from Fordham University, United States, a Master of Science in Development Studies from University of Bath, United Kingdom, and a Bachelor of Engineering in Mechanical Engineering from the Indian Institute of Technology Roorkee. He has also completed specialization studies at Strathclyde Business School, Glasgow, United Kingdom, and Harvard University, United States.



Professor Asthana has been the Secretary of Commerce, Industry and Employment, as well as Secretary of Finance for the Government of Central India (population of 80 million). He has been the Public Sector Business Manager and Director of the National Water Mission in India where he managed an annual budget of half a trillion dollars. He has been a consultant for several international organizations and has participated in consultancy missions in the United States, Uganda, Cambodia, Laos, and Nigeria.



Professor Asthana has published the following papers in international peer-reviewed and ISI journals:

  • Asthana, A. N. (2015). Sustainable fisheries business in Latin America: Linking in to global value chain. World Journal of Fish and Marine Sciences, 7(3), 175-184.
  • Asthana, A. N. (2014). Voluntary sustainability standards in Latin American agribusiness: Convergence and differentiation. American-Eurasian Journal of Agricultural & Environmental Sciences, 14(11), 1262-1274.
  • Asthana, A. N. (2014). Profitability prediction in catlle ranches in Latin America: A machine learning approach. Global Veterinaria, 13(4), 473-495.
  • Khorana, S., & Asthana, A. N. (2014). EU FTA negotiations with India: The question of liberalisation of public procurement. Asia Europe Journal, 12(4), 1-13.
  • Asthana, A. N. (2014). Thirty years after the cataclysm: Toxic risk management in chemical industry. American-Eurasian Journal of Toxicological Science, 6(1), 1-8.
  • Asthana, A. N. (2013). Profitability prediction in agribusiness constracts: A machine learning approach. American-Eurasian Journal of Agricultural & Environmental Sciences, 13(10), 1314-1324.
  • Asthana, A. N., & Khorana, S. (2013). Unlearning machine learning: The challenge of integrating research in business applications. Middle East Journal of Scientific Research, 15(2), 266-271.
  • Asthana, A. N. (2013). Who do we trust for antitrust? Decontrusting structural IO. World Applied Sciences Journal, 22(9), 1367-1372.
  • Asthana, A. N. (2013). Descentralisation and supply efficiency: Evidence from a natural experiment. International Development Planning Review, 35(1), 67-86.
  • Asthana, A. N., Mohan, S., & Khorana, S. (2012). Physics envy and natural experiments in business and economics. World Applied Sciences Journal, 20(3), 464-469.
  • Asthana, A. N. (2012). Human rights and corruption: Evidence from a natural experiment. Journal of Human Rights, 11(4), 526-536.
  • Asthana, A., & Asthana, A. N. (2012). Yogic science for human resource management in business. World Applied Sciences Journal, 9(1), 120-130.
  • Asthana, A. N. (2012). Decentralisation, HRD and production efficiency of water utilities: Evidence from India. Water Policy, 14(1), 112-126.
  • Asthana, A. N. (2012). Descentralisation and corruption revisited: Evidence from a natural experiment. Public Administration and Development, 32(1), 27-37.
  • Asthana, A. N. (2011). The business of water: Fresh perspectives and future challenges. African Journal of Business Management, 5(35), 13398-13403.
  • Asthana, A. N. (2011). Entrepreneurs and human rights: Evidence from a natural experiment. African Journal of Business Management, 5(23), 9905-9911.
  • Asthana, A. N. (2010). Is participatory water management effective? Evidence from Cambodia. Water Policy, 12(2), 149-164.
  • Asthana, A. N. (2009). What determines access to subsidised food by the rural poor? Evidence from India. International Development Planning Review, 31(3), 263-279.
  • Asthana, A. N. (2008). Decentralisation and corruption: Evidence from drinking water sector. Public Administration and Development, 28(3), 181-189.
  • Asthana, A. N. (2003). Decentralization and supply efficiency: The case of rural water supply in central India. Journal of Development Studies, 39(4), 148-159.



He currently is a Professor and Researcher at the Finance, Accounting and Economics Department at CENTRUM PUCP Business School.