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WELCOME TO ERU @ ISI, KOLKATA
The Indian Statistical Institute (ISI) at Kolkata made a
significant contribution to economic planning in India during the 1950's.
Studies on planning were inaugurated at ISI, Kolkata in 1954 by India's first
Prime Minister Pandit Jawaharlal Nehru. A Draft Plan frame for the Second Five
Year Plan of India was prepared on the basis of these studies and submitted to
the Prime Minister in March 1955 by Professor P. C. Mahalanobis, the founder of
ISI. The Planning Division in Kolkata was formed at that time.
In 1968, the Planning Division was reorganized into two
separate units: the National Income Research Unit (NIRU) and the Economic
Research Unit (ERU). Around the mid-80's, NIRU was merged with ERU. The latter
has been shouldering the bulk of the teaching responsibility in Applied and
Theoretical Economics and Econometrics in the degree and other courses of ISI
and ISEC (International Statistical Education Centre). It also conducts a
full-fledged programme of research leading to the PhD degree.
In the mid-90's, ERU, along with the Planning Unit at
ISI, Delhi Centre took the initiative of launching a two-year Master of Science
course in Quantitative Economics (MSQE). This course is offered simultaneously
at Kolkata and Delhi and has the distinction of being one of the few Master's
level courses in India that concentrate entirely on training students in the
application of advanced quantitative & mathematical techniques to economic
problems. The course has turned out to be most popular amongst students. The
industry as well as academic institutions in India and abroad have absorbed
graduating students from this course.
ERU has a long tradition in high quality research in
quantitative economics, mainly in economic theory, econometric methods and
applications, and public policy. This is evidenced by the publication lists of
its faculty members in well established international as well as national
journals It has also been undertaking project work financed both by the ISI as
well as external funding bodies, such as the Reserve Bank of India, the Oil and
Natural Gas Commission, the International Labour Organization and the World
Bank.
Head, ERU : Professor
Manash Ranjan Gupta
Professor-In-Charge, SSD : Professor
Manoranjan Pal
Phone
(Office) : +91 33 2575 2600
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