Institute of Economic Growth

Institute of Economic Growth
Established1952 (1952)
PresidentN. K. Singh
ChairProf. Ramesh Chand
Location, ,
India
Coordinates28°40′55″N 77°12′34″E / 28.68194°N 77.20944°E / 28.68194; 77.20944
Websitewww.iegindia.org
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The Institute of Economic Growth (IEG) is an autonomous, multidisciplinary Centre for advanced research and training. Established in 1958, its faculty of about 23 social scientists (economists, demographers and sociologists) and a large body of supporting research staff focus on areas of social and policy concern.

IEG's research falls into nine broad themes: Agriculture and rural development, environment and resource economics; globalization and trade; industry, labour and welfare; macro-economic policy and modeling; population and development; health policy; and social change and social structure. In addition, the Institute organizes regular training programmes for the trainee officers of the Indian Economic Service and occasional courses for officers of the Indian Statistical Service, NABARD, and university teachers. The Institute's faculty members also supervise doctoral students from India and abroad, provide regular policy inputs, and engage with government, civil society and international organisations. Over the years IEG has hosted many international scholars, including Nobel Laureates Elinor Ostrom and Amartya Sen, and others such as Ronald Dore, Yujiro Hayami, Jan Breman and Nicolas Stern.[citation needed]

Founded in 1958 by the economist V.K.R.V. Rao, IEG's faculty, Board of Directors and Trustees have included a wide range of distinguished intellectuals and policy makers, including V.T. Krishnamachari, C.D. Deshmukh, P.N. Dhar, A.M. Khusro, Dharm Narain, C. Rangarajan, C.H. Hanumantha Rao, Nitin Desai, T.N. Madan, P.C. Joshi and Bimal Jalan. Several former faculty members have served as members of the Planning Commission or on the Prime Minister's Panel of Economic Advisors. Former Prime Minister Manmohan Singh has had a long association with the Institute, initially as Chairman of the Board (1972-1982) and as President (1992-2021) of the IEG Society. Other notable faculty members and leaders have included Ashish Bose and P. B. Desai.[1] Currently, Shri. N.K. Singh is the President of IEG, Prof. Ramesh Chand is the Chairman of the BoG, IEG and Prof. Chetan Ghate is the Director of IEG.

The institute's areas of research may be broadly classified into nine themes:

  • Agricultural and Rural Development
  • Environmental and Natural Resources
  • Globalization and Trade
  • Health Economics and Policy
  • Industry and Development
  • Employment, Labour and Informal Sector
  • Macroeconomics Analysis and Policy
  • Population and Human Resources
  • Social Change and Social Structure

The institute also imparts training to the trainee officers of the Indian Economic Service, the Indian Statistical Service, NABARD, and university faculty. It also conducts talks, dissertations and seminars and has hosted scholars such as Nobel Laureates Elinor Ostrom and Amartya Sen, Ronald Dore, Yujiro Hayami,[2] Jan Breman and Nicolas Stern.[3]

  1. ^ Growth (India), Institute of Economic (2008). IEG at Fifty: Recollections, Retrospect and Prospect. Academic Foundation. ISBN 978-81-7188-675-3.
  2. ^ "Yujiro Hayami". International Food Policy Research Institute. 2013. Retrieved July 6, 2014.
  3. ^ "think tank". 2013. Archived from the original on July 11, 2014. Retrieved July 6, 2014.

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