Overview
- Sanjeev Sanyal has been reinstated as Chancellor of the Gokhale Institute of Politics and Economics (GIPE) after the Servants of India Society (SIS) withdrew his removal order, calling it a misunderstanding.
- SIS President Damodar Sahoo acknowledged communication gaps and stated that Sanyal had taken steps to protect GIPE's reputation and address governance issues.
- Milind Deshmukh, Secretary of SIS, was arrested for allegedly diverting ₹1.5 crore of GIPE funds for land purchases, intensifying scrutiny of SIS's financial practices.
- Sanyal attributed GIPE's recent NAAC downgrade to 'B' to prior administrations, emphasizing that the evaluation was based on data from 2018-2023, before his tenure began.
- GIPE continues to face challenges with governance and academic standards, as its reliance on student fees and taxpayer funding raises concerns about its financial sustainability.