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Dr. Bhushan is an ex-Indian Administrative Service (IAS) officer (1983 batch, Rajasthan cadre). He holds a Ph.D. in Health Economics and a Master of Health Sciences from the Johns Hopkins University, USA. He is an alumnus of Indian Institute of Technology Banaras Hindu University (IIT BHU) and IIT Delhi, where he completed his B. Tech and Post Graduate Diploma, respectively. He is also a Chartered Financial Analyst (CFA).

Dr. Bhushan has a career spanning almost 40 years across a multitude of sectors. He served for nine years in the IAS prior to leaving government service. Thereafter, he worked as Senior Economist with the World Bank Group prior to moving to the Asian Development Bank (ADB) in 1997.

He served as Director General, East Asia Department of ADB. He has held multiple positions within ADB including Director General, Strategy and Policy Department and has led ADB’s engagement with several Asian economies including the People’s Republic of China. He provided oversight to sectors like energy, environment, natural resources and agriculture, transport, public management, financial and regional cooperation and urban and social development.

In 2018, Dr. Indu Bhushan was appointed the Chief Executive Officer (CEO) of Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB - PMJAY), a flagship health assurance scheme of the Government of India covering more than 500 million citizens. As the founding CEO, he led the design, development and the rollout of the scheme and oversaw its implementation in the country. He also initiated the implementation of the ambitious National Digital Health Mission (later renamed Ayushman Bharat Digital Mission).

Dr. Bhushan has two daughters, Devika and Ambika—both are medical doctors. He lives in an empty nest in New Delhi with his wife Anjana who works with the World Health Organisation. Dr. Bhushan loves to play golf and bridge in his spare time. He is an avid traveller, having visited more than 80 countries.