state's paradoxical distinction in this regard which compares with the developed world. The challenge of human development in the state unfolds perspectives like its sustainability in the long run as well as its virtues of inclusion. The compulsion of shrinking social sector investment coupled with public provisioning of health and education getting complemented by private provisioning poses a threat to sustainability and furthering of its achievements. Enquiries in the field of Health and education remain beyond their instrumental role in the assessment of human development. Topics of health research span from understanding economic of health and health care to equity, pricing and health system analysis in keeping with the evolving epidemiological transition. The alternative dimensions of health research include assessment of disease burden, modes of care provisioning during ultimate years of life along with concerns of sustaining better health indicators in the event of population ageing that is underway. With an evolving public-private mix in the provisioning of health care, health care decision making in consideration of cost and quality has been another prominent engagement in the field of health research. Allied topics like under-nutrition, dietary diversification as well as over/under utilisation of health care are also examined towards commenting upon the healthy makeup of the society. Similarly, works relating to the theme of education involves assessment of educational progress with its varied facets of characteristic inclusion, connections with the emerging labour market and educated unemployment, etc. Issues concerning quality of education, higher education and technical education too are highlights of centre's work in the field of education. The significance of enquiries in these two vital areas of human capability needs strengthening with theoretical formulations based on economic principles beyond the empirics that have been our strength till date. Industry and Trade: Issues related to industry, trade and investments comprise one of the core areas of research at the centre. Research related to industry specifically look into various aspects including performance of the Indian corporate sector, role of MNCs in Indian manufacturing sector, spill over effects of FDI inflows, implications of Global Value Chain, mergers and acquisitions, etc. There have been a number of studies specific to sectors like electronics, pharmaceutical, capital goods, paper, tea, etc. Another set of studies analyse issues like frugal innovation, STI policies, R&D tax incentives and IPR policy. Issues like competition policy, corporate governance, regional concentration and urban formation, diffusion of automation, innovation, disinvestments and