About Department of Economics


Department of Economics


(A Central University)




Name of the Department



Year of Establishment


18 July 1946

Name of the Head of Department



Contact Details


(O) +91-7582-297146     



(P)   9826243550

Email (HoD)


This email address is being protected from spambots. You need JavaScript enabled to view it.




Departmental IQAC Profile



Criterion  1

Curricular Aspects

Criterion  2

Teaching-Learning and Evaluation

Criterion  3

Research , Innovations and Extension

Criterion  4

Infrastructure and Learning Resources

Criterion  5

Student Support and Progression

Criterion  6

Governance,Leadership and Management

Criterion  7

Institution Values and Best Practices

About The Department:-

    The Department of Economics is one of the oldest departments of the University. It came into existence along with the university on 18th July, 1946 with Dr. M.K. Shetey as the only teacher in the department. The department received a fillip when Dr. A.N. Agrawal joined the department as Reader and Head in 1947. He organized an impressive “Economics conversazine” in the beginning of 1948, which was inaugurated by the founder Dr. Harisingh Gour himself. In 1953 Professor L.C Jain, Ph.D., D.Sc. (London) joined as the first Professor of Economics. He put the department on a firm footing. Research activities were not only initiated but were considerably strengthened during his regime. In 1957 Prof. S.B.L. Nigam (Ph.D. London) became the Head of the department. He was in the department for a short time in 1960 he left the department and became India’s Permanente representative at International Labour Organization, Geneva.  

    In 1960 Shri J.N. Mishra (M.Sc. London) became Reader and Head of the Department of Economics. He guided the destinies of the department for 13 years. With liberal financial grants from the UGC a large number of books and journals were acquired for the library. Dr. J. L. Agrawala, Dr. A. Raman and Dr. B.D. Mishra, Dr.Shriprakash and Dr.P.K. Patankar all so  joined the department as Assistant Professors. To improve the teaching and research in Agricultural Economics, Dr. V.P Pande went to London School of Economics and he was awarded the degree of Ph.D. in 1963. In 1964 Dr. V.P. Pande was made Reader in Economics to improve teaching & research in Agricultural Economics. Shri M.L. Tripathi also joined the department as a Research Assistant during this period. Dr. M.K. Shetey  was appointed Reader in the department in 1969. Thus, during the first and the second five year plans, the department progressed rapidly, largely due to liberal grants sanctioned for the department by the UGC. Shri K.C. Jain joined the department as a research assistant in 1970. The three intervening Five year plans had more or less by passed the Department. After the sad demise of Prof. J.N. Mishra, Dr. V.P. Pande became the Head of the Department in 1968 and in 1972 he became Professor of Economics.

   Prof. V.P. Pande took keen interest in the department. It was his initiative that an additional Professor in Economics of Growth and One Reader in Agricultural Economics were sanctioned by the UGC in the fifth five year plan. During his tenure Teacher Research Fellowship scheme was introduced in the department and about 15 Lecturers from different states joined the department as Teacher Research Fellows. One Technical Officer Shri Shayam Manohar Mishra was also appointed during the same period.

  In October 1983 Prof. V.P. Pande retired and Dr. A Raman became the Reader & Head of the department. Dr. Raman later became Professor in 1985. The specialized Post of Professor (Economics of Growth) was offered to Prof. R. Mehrotra who joined the University in May 1985. In March 1985 Dr. Subodh Pande joined the department; previously he was serving in the M.P. State Educational Services. Dr. Subodh Pande was selected by the UGC under the Government of India’s Cultural & Academic exchange programme to visit Hungary for three months. In Hungary, Budapest Dr. Pande was attached to the Hungarian Academy of Sciences in 1990. Prof. R. Mehrotra became DCDC and later in April 1996 he retired from the University. On 1st May 1996 Dr. Subodh Pande became the Head of the Department.  Dr. Subodh Pande continued as Head of the Department up to 2002. During this period Dr. G.M. Dubey was appointed as Lecturer in Economics and later in 2013 he became Professor. Dr. K.C. Jain became the Head of the Department of Economics in 2002 and continued as Head up to May 2007. Dr. Utasav Anand joined the department 2004 as Lecturer and he became Associate Professor 2018. On 31st September 2020 Dr. Utasav Anand became the Head of the Department. Dr. Keshav Tekam  joined the department 2007 as Lecturer. Dr. Veena Thawre  & Dr. V.S. Mtsaniya were appointed as Assistant Professor in 2013.

Vision and Mission

Vision of the Department:- 

  • The vision of the department of Economics consists of exploring the economic study and analysis, policy framing and implementation, issues faced by the Indian economy along with the analysis of other economies in the world.
  • The department thrives to reach standards of excellence in teaching, research and consultancy.
  • The primary mission to provide a high-quality education in economics to future leaders of industry, government and civil society.
  • Our vision is the preparation of students capable of critical thinking and independent analysis for living their lives of responsibility, leadership and service.
  • To create a collaborative teaching, learning and research environment that emphasizes on social responsibility, ethical decision-making and a global perspective. 

Mission of the Department:- 

  • Emphasizing on quality teaching.
  • Demonstrating competency through continuous professional development and research.
  • Providing a solid foundation in economic application, Concepts and Decision- Making Skills.
  • Providing a rigorous program of study at the master's level in order to prepare the students for doctoral work. 

Distinguished features of the Department:-

       The department of Economics has exhibited considerable increment in the allotted seats to the Programmes of UG and PG. the department has witnessed constant surplus of the students applying for UG as well as PG programmes which can be gauged from the data of 2021.

       Apparently, the students of the department of Economics have also bagged great achievements in the field of civil services, higher education and have established themselves in the sphere of Academia. The faculties are also acting as external Subject Experts in Board of studies / RDC Experts of different universities. The faculties of the department are actively involved in conducting the courses and National & International Seminars and Faculty Development Program like Refresher Course and Short Term Course through HRDC.

 Uniqueness of Department:

     The faculty of the department inhabit leadership and management expertise which is evident from the major participation of the faculty members in the wide range activities of the university. The faculty members have prominent position in the administration and also handling major affairs of the university with responsibility. The department portrays diversity at each level and yet it maintains integrity along with the realisation of personal responsibility. This multi faceted approach accommodates the dissemination of knowledge among its stake holders.

Contributions of the Faculties:-

Some of our Faculty members are continuously engaged in – 

  • Delivering lectures in other Departments, HRDC, Remedial centre
  • Organizing seminars and workshops.
  • Delivering lectures as resource person in Refresher/Orientation Course/ Seminars/ Webinars.             

     Heads of the Department:-





Dr.  M.K.Shetey



Dr.  A.N. Agrawal



Prof.  L.C.Jain



Prof.  S.B.L. Nigam  



Prof.  J.N. Mishra



Prof.  V.P. Pande      



Prof.  A. Raman



Prof.  R. Mehrotra



Dr. Subodh Pande



Prof.  Keval Jain      

2002- 2009


Prof. Subodh Pande



Prof. G.M. Dubey



Dr. Utasav Anand

2020 - .....


Faculty :- 





Subject Specialization

Teaching experience



Dr.Utasav Anand

M.A. NET, Ph.D

Associate Professor &  HoD

Macro Economics,Public Economics & Money and Banking.



Prof. Girish Mohan Dubey

M.A. Ph.D.


International  Economics, Indian Economy & Quantitative Methods.



Dr.Keshav Tekam

M.A. NET, Ph.D

Assistant Professor

Micro, Macro Economics & Agriculture Economics



Dr.Veerendra Singh Mtasaniya

M.A. NET, Ph.D,    LL.B.

Assistant Professor

Development, of Economics Unorganized sector in India, Labour Economics.



Dr.Veena Thawre

M.A.  M.Ed

M.Phil,  Ph.D

Assistant Professor

Quantitative Methods, Econometrics and Mathematics Economics & Development of Economics.



 Details of Guest Faculty during  :




Degree (University /

Institute from which awarded)

Subject Specialization


Dr. Harinarayan Vishwakarma

M.A. & Ph.D (Dr. H S Gour V.V. Sagar)

Indian Economy, Labour Economics and Industrial Economics..