Prime Minister Dr. Manmohan Singh unveiled the foundation stone for the new NCAER Centre at the National Council of Applied Economic Research in New Delhi on Saturday morning, accompanied by NCAER’s Director General Dr. Shekhar Shah and many other dignitaries and noted economists, including members of NCAER’s Governing Body led by its President, Shri Nandan Nilekani.
Urging NCAER to maintain its high standards of applied economic research, the Prime Minister Singh said, “The best is yet to come.” Dr Singh stood on the very ground where some 54 years ago Prime Minister Pandit Jawaharlal Nehru had stood to lay the foundation stone for NCAER’s current building in 1959, and where President Rajendra Prasad had stood to inaugurate the building in 1961. In his opening remarks, Prime Minister Singh said, NCAER “is a great asset to us, and it is obligatory on all those who work, or are associated with this magnificent institute, to never lose sight of the vision of the founding fathers of NCAER.”
NCAER is the country’s largest and oldest independent, economic policy think-tank. Singh was a member of NCAER’s Governing Body during 1976-1982, and a frequent visitor to NCAER during his earlier teaching and economic research days. Said NCAER’s Director General Dr. Shekhar Shah, “Not only has the PM laid the foundation stone for the new NCAER Centre, but with his words today he has also laid a strong foundation for the future of NCAER.”
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