Dr. Ajit Ranade, a well-known economist, has stepped down from his role as Vice Chancellor of Pune’s Gokhale Institute of Politics and Economics. In a letter to the new Chancellor, Sanjeev Sanyal, dated October 29, Dr. Ranade cited personal reasons for his sudden resignation.

The backdrop of Dr. Ranade’s tenure at the institute has been mired in controversy, particularly regarding the validity of his appointment. Initially appointed in October 2021, his qualifications were later questioned by a fact-finding committee, leading to a termination order by the former Chancellor Bibek Debroy. However, after seeking legal recourse, Dr. Ranade was able to challenge the termination and resume his duties temporarily.

Recent developments saw the new Chancellor, Sanjeev Sanyal, rescind the termination order against Dr. Ranade on October 22, which was acknowledged by the Bombay High Court. Despite this positive turn of events, Dr. Ranade chose to resign from his position shortly thereafter.

In his resignation letter, Dr. Ranade emphasized that his departure should not be seen as an admission of any wrongdoing in his appointment. The institute now faces the task of finding new leadership to navigate through this period of transition and uncertainty.

Dr. Ranade’s resignation highlights the challenges faced by academic institutions in ensuring transparency and adherence to appointment norms. As the Gokhale Institute seeks to move forward, the questions surrounding governance and leadership within the institution remain unresolved.

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