Age, Biography and Wiki

Abhijit Sen was born on 18 November, 1950 in Jamshedpur, Bihar, India, is an Indian economist (1950–2022). Discover Abhijit Sen's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 71 years old?

Popular As N/A
Occupation Professor · economist
Age 71 years old
Zodiac Sign Scorpio
Born 18 November, 1950
Birthday 18 November
Birthplace Jamshedpur, Bihar, India
Date of death 29 August, 2022
Died Place New Delhi, India
Nationality India

We recommend you to check the complete list of Famous People born on 18 November. He is a member of famous economist with the age 71 years old group.

Abhijit Sen Height, Weight & Measurements

At 71 years old, Abhijit Sen height not available right now. We will update Abhijit Sen's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Who Is Abhijit Sen's Wife?

His wife is Jayati Ghosh

Family
Parents Not Available
Wife Jayati Ghosh
Sibling Not Available
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Abhijit Sen Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Abhijit Sen worth at the age of 71 years old? Abhijit Sen’s income source is mostly from being a successful economist. He is from India. We have estimated Abhijit Sen's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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Timeline

1950

Abhijit Sen (18 November 1950 – 29 August 2022) was an Indian economist who focused on studying rural development.

Sen was born on 18 November 1950 into a Bengali Baidya family in Jamshedpur, in the present-day Indian state of Jharkhand.

His father Samar Sen was an economist with the World Bank.

The family moved to New Delhi, where Sen studied at Sardar Patel Vidyalaya and later at St. Stephen's College where he studied for a physics honours degree.

1981

He later went to the University of Cambridge and obtained a PhD in economics in 1981 as a member of Trinity Hall, with a thesis titled "The agrarian constraint to economic development: the case of India" written under the supervision of Suzy Paine.

Sen started his career teaching at many of the universities in the UK, including those at University of Sussex, Oxford University, University of Cambridge, and the University of Essex, before returning to New Delhi to teach at the Jawaharlal Nehru University (JNU).

1985

In 1985, he moved to the university's Center for Economic Studies and Planning.

1997

Sen was appointed by the United Front government in 1997 to lead the Commission on Agricultural Costs and Prices (CACP).

The commission studied the cost structures of various agricultural products and was tasked with setting the Minimum Support Price (MSP) for farm produce.

Sen was also the chairman of a number of official Commissions, including the High Level Committee on Long Term Grain Policy, Commission for Agricultural Costs and Prices, the Tenth Plan Subgroup on Agricultural Economics and Rural Development.

Sen's work computed MSP based on not only direct costs of producing the grains, but also included indirect costs like unpaid family labor, opportunity costs from rent and interest lost on owned land, as well as capital asset costs.

This recommendation was captured in the eventual 'Swaminathan Formula' that was adopted to compute the MSP costs which pegged MSP at 50% higher than direct production costs.

2004

Sen was appointed to the Planning Commission of India between 2004 and 2014 and held a number of policy making positions in India.

Amongst his works included recommendations toward establishment of minimum support price for farm produce and a universal public distribution system.

Sen was first appointed to the Planning Commission during the United Progressive Alliance government under Manmohan Singh in 2004 and was re-appointed for a second five-year term from 2009 to 2014.

He was also a member of the State Planning Boards of West Bengal and Tripura, PM's Taskforce on Agricultural Economics and Rural Development, and the Expert Committee on Rural Credit.

Sen's recommendations included the establishment of a universal Public Distribution System (PDS) that eliminated categorization of poverty lines as determinants of grains and instead had the central government fix the uniform prices of rice, wheat and other grains.

This was the basis for the then central government's disbursal of wheat and rice at ₹2 and ₹3 per kilogram, respectively.

As an advocate of the universal PDS system, Sen maintained that the cost of food subsidies was overstated and that a country like India could afford both a universal PDS system providing food grains at an affordable rate to its population, while also providing a minimum support price to its farmers.

Sen also was adviser and consultant with international organisations, such as the United Nations' Development Programme, Food and Agriculture Organization and World Institute for Development Economics Research, International Labour Organization, OECD Development Centre, International Fund for Agricultural Development, and the Asian Development Bank.

2010

Sen was a recipient of the Padma Bhushan, India's third highest civilian honor, in 2010.

Sen received the Padma Bhushan, India's third highest civilian award, for public service in 2010.

Sen was married to economist Jayati Ghosh whom he met at the JNU.

The couple had a daughter, a journalist with The Wire.

Sen had a heart attack and died in New Delhi on 29 August 2022, at the age of 71.