Dr Ajit Ranade Resigns as Vice Chancellor of Gokhale Institute in Pune
Dr Ajit Ranade has resigned from his position as Vice Chancellor of the Gokhale Institute of Politics and Economics (GIPE) in Pune, citing personal reasons. The noted economist clarified that his resignation does not indicate any acceptance of defects in
Dr Ajit RanadeGokhale InstitutePuneResignationEconomicsReal Estate PuneNov 04, 2024
Ranade's tenure at GIPE has been marked by significant turbulence. In September, he was removed from his position as Vice Chancellor by then-Chancellor Bibek Debroy. The removal came after a fact-finding committee concluded that Ranade's appointment did not adhere to the UGC regulations regarding the minimum qualifications for the role. However, on October 22, the newly appointed Chancellor, Sanjeev Sanyal, reversed this decision, allowing Ranade to resume his duties.
In his resignation letter dated October 29 and addressed to Sanyal, Ranade stated that he is stepping down due to personal reasons. He emphasized that his resignation does not imply any acceptance of defects or ineligibility in his appointment as Vice Chancellor in October 2021.
Ranade expressed gratitude to the Board of Management, the trustees of the Servants of India Society (SIS—the parent body of the institute), and the college staff for the opportunity to lead the institute. The institute's officials have confirmed Ranade's resignation.
Following his removal in September, Ranade had challenged the decision in the Bombay High Court and secured a stay order. The high court's stay prompted Debroy, who was also the chairman of the Economic Advisory Council to the Prime Minister, to resign as Chancellor on September 27, citing a lack of moral right to continue in the post. Debroy passed away in Delhi on November 1.
The Gokhale Institute of Politics and Economics (GIPE) was established in 1930 by the Servants of India Society. It is the oldest research and training institute in economics in India. The institute is dedicated to conducting research on the socio-economic dimensions of Indian society and upholding the legacy of Gopal Krishna Gokhale, a prominent Indian political leader and social reformer.
Frequently Asked Questions
Why did Dr Ajit Ranade resign from his position as Vice Chancellor of GIPE?
Dr Ajit Ranade resigned due to personal reasons and clarified that his resignation does not indicate any acceptance of defects or ineligibility in his appointment.
What prompted the removal of Dr Ajit Ranade from his position in September?
A fact-finding committee concluded that Dr Ranade's appointment did not conform to the UGC regulations on minimum qualifications for the role, leading to his removal by then-Chancellor Bibek Debroy.
Who reversed the decision to remove Dr Ajit Ranade as Vice Chancellor?
The newly appointed Chancellor, Sanjeev Sanyal, withdrew the order of Ranade's removal on October 22, allowing him to continue in the role.
What action did Dr Ajit Ranade take against his removal?
Dr Ranade challenged the decision in the Bombay High Court and managed to secure a stay order, which allowed him to continue in the role temporarily.
What is the significance of the Gokhale Institute of Politics and Economics?
The Gokhale Institute of Politics and Economics, established in 1930, is the oldest research and training institute in economics in India. It is dedicated to researching the socio-economic dimensions of Indian society and upholding the legacy of Gopal Krishna Gokhale.
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