Noted economist Shaibal Gupta passes away at 67; Nitish announces cremation with state honors | India News – Times of India

PATNA: Noted economist Shaibal Gupta handed away on Thursday night after extended sickness. He was 67.
An announcement issued by Asia Development Research Institute (ADRI), which was based by Gupta, said that he had been affected by continual well being issues for a while, and was hospitalised couple of days again.
Besides being a famend social scientist, he was extensively often called an establishment-builder, and institution of ADRI was his most essential achievement. His contribution to the sphere of growth economics, generally, and growth challenges of Bihar, specifically, had acquired extensive consideration in each India and overseas.
Gupta was doing analysis within the area of economics and industrial economics for the final 20 years. He was additionally the director of the Centre for Economic Policy and Public Finance (CEPPF), which has been set-up in ADRI by the Bihar authorities as a devoted centre for analysis on public finance.
Gupta has labored on varied analysis tasks with the Institute of Development Studies, Sussex; International Labour Organisation; World Bank and London School of Economics.
He was additionally a extremely educated commentator on social and political affairs.
He is survived by his spouse, daughter, son-in-legislation and grand- daughter who have been all by his mattress-aspect at the time of his departure.
People from cross part of the society expressed condolence on his demise. CM Nitish Kumar stated in his condolence message that Gupta’s cremation will probably be accomplished with state honours.
“Gupta made important contributions in several economic reforms in Bihar by being a member of state finance commission as well as several other bodies. I had personal relations with Shaibal Gupta Ji. I am deeply saddened with his demise,” Nitish stated.
Former deputy CM and Rajya Sabha MP Sushil Kumar Modi stated the annual financial survey of Bihar authorities was ready primarily based on financial and social research accomplished by Gupta and different consultants in ADRI.
Senior BJP functionaries, together with celebration’s Bihar in- cost Bhupendra Yadav stated Gupta performed key function in essential financial establishments not solely in Bihar, however throughout the nation and full world. Union minister Nityanand Rai stated financial and social growth sectors have suffered a deep loss with the demise of Gupta. BJP’s state president Dr Sanjay Jaiswal, celebration’s state normal secretary Devesh Kumar in addition to RJD’s nationwide vice- president Shivanand Tiwari additionally condoled the demise of Gupta.