The University Grants Commission (UGC) has selected Punjab School of Economics of Guru Nanak Dev University (GNDU) under Special Assistance Programme (SAP) and upgraded the school from Departmental Research Support (DRS)-2 to DRS-3 level for the next five years.
The UGC has sanctioned a sum of Rs 90.5 lakh along with a project fellow under SAP. The amount will be spent on upgrading equipment, existing computer lab, field work, seminars, books and journals and inviting eminent visiting fellows in the field.
Prof Paramjit Nanda, dead of the school, has been appointed as coordinator of the programme by the UGC.
Congratulating the faculty, Nanda stated that the amount would be spent for improving the infrastructure facilities meant for research in the thrust areas such as rural indebtedness and farmers’ suicides. Besides, research will also be conducted in diversification of the rural economy of Punjab in the coming five years.
The school has been chosen for this programme in view of the achievements in teaching and research since the inception of SAP in 2004.