<h1>Academician appointed as new Vice-Chancellor of 95-year-old economics institute for five-year term starting July 2025</h1> An academician has been appointed as the new Vice-Chancellor of a Pune-based economics institute for a five-year term beginning July 29, 2025. The position had been vacant since the previous VC's resignation in November 2024, with an interim appointment currently in place. The 95-year-old institute, established in 1930 and granted deemed university status in 1993, has recently faced controversies including disputes over leadership positions and alleged financial misappropriation by a functionary. The institute specializes in socio-economic research and is considered the country's oldest economics research and training institution.