Following is the text of the Prime Minister's speech on the occasion:-
“I am delighted to be here in your midst today to inaugurate the Golden Jubilee Celebrations of the Institute of Economic Growth. Last year the National Council of Applied Economic Research celebrated its golden jubilee.
These anniversaries remind us that the 1950s were indeed an exciting time for economics research and teaching in our country. It was the era of institution building in more senses than one.
Our country was fortunate to have had in that era a generation of great institution builders. Our discipline of economics was particularly fortunate to have had many distinguished economists who built many institutions of national importance and international repute.
The Institute of Economic Growth was certainly one of them. Of course, due to its inter-disciplinary nature, IEG has also been home to distinguished social scientists from other disciplines as well.
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