The prestigious institute that’s entering its centenary year has given us eminent scholars and shaped Indian economic thought
The erstwhile Bombay School of Economics enters its centenary year this week. It began life on 1 August 1921, when C.N. Vakil was appointed as assistant professor of economics after his return from England. K.T. Shah joined as professor of economics in November. Economics teaching had begun earlier in cities such as Calcutta (1908), Madras (1916) and Allahabad (1916). Till then, Indian economists—including B.R. Ambedkar—had to go abroad for formal training in the discipline.
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