Economist Sanjeev Sanyal Accepts Chancellorship Of Pune's Gokhale Institute

Sanjeev Sanyal, a member of Economic Advisory Council to the Prime Minister, on Sunday said he has accepted the Chancellorship of Gokhale Institute of Politics and Economics (GIPE) Pune, 10 days after Bibek Debroy resigned from the post.

EAC-PM chairman Bibek Debroy resigned as Chancellor of the GIPE on September 27, a day after the Bombay High Court extended interim relief to Vice-Chancellor Ajit Ranade, who was earlier removed from his post.

"This is just to state that I have accepted the Chancellorship of Gokhale Institute of Politics and Economics, Pune. Look forward to working with faculty, staff and students to build on GIPE's well-established legacy," Sanjeev Sanyal said in a post on social media platform X.

This is just to state that I have accepted the Chancellorship of Gokhale Institute of Politics and Economics, Pune. Look forward to working with faculty, staff and students to build on GIPE's well-established legacy.

— Sanjeev Sanyal (@sanjeevsanyal) October 6, 2024

"For those uninitiated with the structure of academic administration, the Chancellor of a university is somewhat like a 'non-executive chairman' - duties relate to broad direction and governance rather than the daily running of the institution. This role does not impact my normal work as a full-time member of the Prime Minister's Economic Advisory Council," he added.

Bibek Debroy was appointed as Chancellor of GIPE, a deemed to be university, in July this year.

In an email addressed to Ranade, who is also an eminent economist, Bibek Debroy had said he is standing down from his post with immediate effect.

Last month, Ranade was removed from the position of GIPE vice-chancellor after a fact-finding committee set up by Bibek Debroy found that his appointment violated University Grants Commission (UGC) norms.

Ranade approached the High Court challenging his termination order and got interim relief till September 23. On Thursday, the HC extended the relief, allowing him to remain VC till October 7.

In the email, Bibek Debroy congratulated Ranade for getting a stay order and his continuation as VC of GIPE.

"You asserted in your writ petition that I had not applied my mind and the stay order vindicates your position," Bibek Debroy stated in the email.

Under these circumstances, Bibek Debroy noted, he has no moral right to continue in his post. "I am standing down with immediate effect," he had stated.

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