About the Association

Indian Economic Association Indian Economic Association is a registered body of Indian Economic Professionals, established way back in 1917, with the objective of providing a forum for debate and discussion of theoretical and policy oriented issues of Economic Science. The IEA organizes annual conferences, special seminars and lectures by eminent persons of the profession. The IEA has so far organized 98 annual conferences in different parts of the country. A list of the past Presidents and the venues of the Annual Conferences of the Association is given separately.
The IEA is also a member of the International Economic Association. IEA has had the privilege of organizing the World Economic Congress in collaboration with the International Economic Association, in New Delhi, in the year 1986, at which Nobel Laureate Professor Kenneth J. Arrow was the President of the International Economic Conference. The IEA has currently about 5000 members both Individual and Institutional.
Its Secretariat is normally located at the office of the President of the Association and at the office of the General Secretary cum Treasurer of the Association.

The Constitution

Objective

  1. The objective of the Indian economic association will be to promote the study teaching and research In the economic science in general and the Indian economy in particular.

Functions
2.0   The Indian Economic Association will carry out its objectives through
2.1   Arranging annual and other conferences, seminars and training courses.
2.2   Undertaking publications including that of the Indian Economic journal and otherwise dismantling the result of Economic Studies and Research among the people of the country.
2.3   Organizing or facilitating exchange of professors, Students and Research Specialists within the country and between India and other countries through fellowships travel grants and other means.
2.4   Planning or promoting research programs and projects.
2.5   Co-operating with local, regional and international Economic Associations.

Membership
3.0   The Membership of the association shall be open to those subscribing to its objects and shall consist of;
3.1   Ordinary Members;
3.2   Institutional Members;
3.3   Life Members;
3.4   Associate Members;
3.5   Donor Members;
3.6   Patron Members;
Whose conditions of admission and payment of membership dues shall be in accordance with the appropriate rules of the Association;

  1. Ordinary Members would include teachers of Economics and other persons academically or professionally interested in Economics In general or in special economic problems.
  2. Individuals eligible for ordinary membership shall become Life Members on payment of Life Membership fee as prescribed by the General Body al the time of enrolment one lump sum;
  3. Institutional Members would comprise Colleges, Universities, Regional Economic Associations, Research Bodies, Libraries, Government and Non-Government Agencies interested in any specialized field of theoretical or applied economics;
  4. Associate Members would include students interested in economics;
  5. Donor Members would include any individual or institutional members contributing the sum prescribed by the General Body, or more for the purpose;
  6. Patron Members would include any individual or institutional members contributing the sum prescribed by the General Body, or more for the purpose.

Organs
4.0   The organs of the Association will be:
4.1   General Body;
4.2   Executing Committee and       
4.3   Office Bearers

5.0   The General Body will consist of all ordinary and life members and a nominee from each of the Institutional Members of the Association as defined in the appropriate rules.
5.1   The General Body will meet once a year at the time of the Annual Conference and at such time as convened by the Honorary Secretary on the direction of the President of the request of ordinary and life members.
5.2   The General Body will be responsible for;
(a)        Reviewing the programme of the Association and approving its audited accounts for the previous year
(b)        Approving the programme and budget for the following year;
(c)         Electing the Office Bearers of the Association; and
(d)        Deciding on all other matters pertaining to the policy and programme of the association.
5.3   Eligibility for Voting:
A members shall be eligible for voting provided he/she has been a member for two consecutive years i.e. during the current year and the preceding year. The membership for the year shall be received latest by the 1st December of the financial year.

6.1   (a)    The Executive Committee will consist of;
(i)     All Office Bearers of the Association;
(ii)    33 members to be elected by the General Body for a period of three years each, with the provision for one third of the members to retire by rotation every year in accordance with the appropriate rules. In electing the members of the Executive Committee. The General Body will ensure at least one Member from each State provided there are a minimum of 10 life members enrolled from the particular state/UT. The General Body will ensure the representation of economists, teachers, researchers and practitioners.
(b)            Past Presidents of the Association will be Special Invites to the Executive Committee.
(c)            The Chairman and Managing Trustee of the Indian Economic Association Trust for research and Development will be the Special Invitees to the Executive Committee.
6.2   The Executive Committee will be responsible for;
(a)    Ensuring the smooth execution of programs authorized by the General Body.
(b)    Preparation for meeting of the General Body.
(c)    Acting on behalf of the general Body between meetings of the general Body.
6.3   The Executive Committee will meet at least once a year at the time of the Annual Conference.

Office Bearers
7.0   The following shall be the Office Bearers of the Association and shall be elected by the General Body at its Annual meeting;
(a)    The President for a period of one year
(b)    Vice-President for a period of 3 years.
(c)    The honorary Secretary and Treasurer for a period of 3 years by the general body.
(d)    The Managing Editor of the Indian Economic Journal to be elected by the General Body for a period of three years on the recommendation of the Executive Committee.
(e)    The Honorary Local Secretary nominated by the President in consultation with the Conference host institutions.

7.1   The President will preside over the annual Conference of the Association and conduct its proceedings.

Amendments
8.0   Amendments to the article should be proposed in writing by a member and seconded by two other members and forwarded to the honorary Secretary by September 30 of each year. The Honorary Secretary should circulate all amendments received accordingly to the members by November 1 or at least 30 days before the meeting of the general Body at which they are to be considered. Amendments may be introduced at the meeting at which they6 are to be considered.
8.1   Amendments to the Article require for their adoption by the General Body the affirmative vote of two-thirds of the present and voting.
The Indian Economic Association Rules
(Adopted by the General Body at its 75th Annual General Body Meeting held on 30th April 1993 at Indore and modified in the General Body at its 31st Annual General Body Meeting held on 25th December; 1998 at Bangalore)
Rule I Membership
Membership with effect from 1st April, 2010

  1. Ordinary Member                             Rs. 1000/- per annum
  2. Life Member                                     Rs. 5000/-
  3. Institutional Member                       Rs. 5000/- per annum
  4. Donor Member                                 Rs. 15,000/- Lump sum
  5. Patron Member                                        Rs. 30,000/- Lump sum
  6. Donor Membership and patron Membership will also be open to institutions and will run for a period of 5 years and 10 years respectively. The admission of such members would be decided by the Executive Committee.

(Vide membership form for membership fees for foreign members)
Rule II Editorial Advisory Committee

The Editorial Committee consisting of not more than 20 members will be constituted for a term of 3 year on the basis of panel of experts suggested by the Managing Editor.
Contact Us Public Information Officer:
Dr. Indu Varshney,
Mob.: 09411489030