Sensex may touch magical 1 lakh mark this year itself: Economists
Domestic equities crossed another milestone with Sensex crossing above 85,000 and Nifty crossing 26,000, reflecting robust buying across sectors.
Well-known economist and former member of the Planning Commission, Abhijit Sen, passed away late on Monday night following a heart attack. He was 72.
Sen taught economics at Jawaharlal Nehru University (JNU) and later held many important posts in his four-decade long career.
Apart from being a member of the Planning Commission between 2004 and 2014 during the UPA regime, he was also chairman of the Agriculture Ministry’s Commission of Agricultural Cost and Prices (CACP) in 1997 when the United Front Government was in power.
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CACP under him was given the task of recommending minimum support prices for various commodities.
Prior to joining JNU’s centre for economics studies in 1985, Sen taught economics at Oxford, Cambridge, Sussex and Essex.
(inputs from IANS)
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