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Abhijit Sen

From Wikipedia, the free encyclopedia
Indian economist (1950–2022)
This article is about the economist. For the physicist, seeAbhijit Sen (physicist).

Abhijit Sen
Sen in 2009
Born(1950-11-18)18 November 1950
Jamshedpur, Bihar, India
Died29 August 2022(2022-08-29) (aged 71)
New Delhi, India
Occupations
  • Professor
  • economist
SpouseJayati Ghosh
Academic background
Alma mater
ThesisThe Agrarian Constraint to Economic Development: The Case of India
Doctoral advisorSuzy Paine

Abhijit Sen (18 November 1950 – 29 August 2022) was an Indian economist who focused on studyingrural development. Sen was appointed to thePlanning Commission of India between 2004 and 2014 and held a number of policy making positions in India. Amongst his works included recommendations toward establishment ofminimum support price for farm produce and a universalpublic distribution system. Sen was a recipient of thePadma Bhushan, India's third highest civilian honor, in 2010.

Early life

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Sen was born on 18 November 1950[1][2] into a BengaliBaidya family inJamshedpur, in the present-day Indian state ofJharkhand. His fatherSamar Sen was an economist with theWorld Bank. The family moved to New Delhi, where Sen studied atSardar Patel Vidyalaya and later atSt. Stephen's College where he studied for a physicshonours degree.[3][1] He later went to theUniversity of Cambridge and obtained a PhD in economics in 1981 as a member ofTrinity Hall, with a thesis titled "The agrarian constraint to economic development: the case of India" written under the supervision ofSuzy Paine.[1]

Career

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Sen started his career teaching at many of the universities in the UK, including those atUniversity of Sussex,Oxford University,University of Cambridge, and theUniversity of Essex, before returning to New Delhi to teach at theJawaharlal Nehru University (JNU). In 1985, he moved to the university's Center for Economic Studies and Planning.[1]

Public policy

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Sen was appointed by theUnited Front government in 1997 to lead the Commission on Agricultural Costs and Prices (CACP). The commission studied the cost structures of various agricultural products and was tasked with setting theMinimum Support Price (MSP) for farm produce. Sen was also the chairman of a number of official Commissions, including the High Level Committee on Long Term Grain Policy, Commission for Agricultural Costs and Prices, the Tenth Plan Subgroup on Agricultural Economics and Rural Development.[4] Sen's work computed MSP based on not only direct costs of producing the grains, but also included indirect costs like unpaid family labor,opportunity costs from rent and interest lost on owned land, as well as capital asset costs. This recommendation was captured in the eventual 'Swaminathan Formula' that was adopted to compute the MSP costs which pegged MSP at 50% higher than direct production costs.[5]

Sen was first appointed to thePlanning Commission during theUnited Progressive Alliance government underManmohan Singh in 2004 and was re-appointed for a second five-year term from 2009 to 2014.[2] He was also a member of the State Planning Boards of West Bengal and Tripura, PM's Taskforce on Agricultural Economics and Rural Development, and the Expert Committee on Rural Credit.[4] Sen's recommendations included the establishment of a universalPublic Distribution System (PDS) that eliminated categorization ofpoverty lines as determinants of grains and instead had the central government fix the uniform prices of rice, wheat and other grains. This was the basis for the then central government's disbursal of wheat and rice at2 and3 per kilogram, respectively.[5] As an advocate of the universal PDS system, Sen maintained that the cost of food subsidies was overstated and that a country like India could afford both a universal PDS system providing food grains at an affordable rate to its population, while also providing a minimum support price to its farmers.[5]

Sen also was adviser and consultant with international organisations, such as the United Nations'Development Programme,Food and Agriculture Organization andWorld Institute for Development Economics Research,International Labour Organization,OECD Development Centre,International Fund for Agricultural Development, and theAsian Development Bank.[4][6]

Sen received thePadma Bhushan, India's third highest civilian award, for public service in 2010.[7]

Personal life

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Sen was married to economistJayati Ghosh whom he met at the JNU. The couple had a daughter named Jahnavi Sen, a journalist withThe Wire.[7][8][1]

Sen had a heart attack and died in New Delhi on 29 August 2022,[2] at the age of 71.[7]

Select published works

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References

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  1. ^abcdeNandy, Chandan (30 August 2022)."Saluting Abhijit Sen, one of India's greatest experts on rural economy".The New Indian Express. Retrieved31 August 2022.
  2. ^abc"Economist And Former Planning Commission Member Abhijit Sen Passes Away".Outlook India. 30 August 2022. Retrieved5 September 2022.
  3. ^Bhattacharya, A. K. (19 July 2011)."Dinner with BS: Abhijit Sen".Business Standard India.
  4. ^abc"Planning Commission, Government of India". Archived fromthe original on 20 January 2013. Retrieved2 January 2013.
  5. ^abc"Abhijit Sen – An Advocate Of MSP, Public Distribution System".Outlook India. 30 August 2022. Retrieved5 September 2022.
  6. ^Mukherjee, Sanjeeb (30 August 2022)."Noted agricultural economist, former CACP chief Abhijit Sen passes away".Business Standard India. Retrieved5 September 2022.
  7. ^abc"Economist Abhijit Sen, advocate of public distribution system, is no more".mint. 30 August 2022. Retrieved31 August 2022.
  8. ^Damodaran, Harish (30 August 2022)."Abhijit Sen, one of India's leading agriculture economists and distinguished academics, passes away".The Indian Express. Retrieved31 August 2022.
Padma Bhushan award recipients (2010–2019)
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