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   Patna, (Bihar Times): The Patna University is planning
      to set up   the Patna School of Economics on the pattern
      of Delhi School of Economics and   the London School of
      Economics. 
 Addressing the University Senate on   Saturday the vice
      chancellor, Dr Y C Simhadri, said the proposal   for
      setting up PSE had been accepted in principle though
      the modalities   were yet to be worked out. The PSE
      would be established with the Department   of Economics
      of Patna University.
 
 The University would collaborate   with international
      institutions by signing Memorandum of   Understanding
      with them. It would be a Centre of Advanced Teaching
      and   Research both in Theoretical and Applied
      Economics.
 
 According to the   VC it would include broader areas and
      establish linkages with trade and   industry. The PSE
      would also have some centres within it for   specialized
      studies.
 
 The head of the department of Economics, Prof   Nawal
      Kishore Chaudhary, said that the proposal to open the
      Patna School   of Economics was an old one and the vice
      chancellor had accepted it as part   of global vision.
 
 It was also informed that the University has plans   to
      set up an elementary English medium school with
      Sanskrit, Hindi and   Urdu languages for the benefit of
      the children of Class IV employees of the   Patna
      University. This would be done on voluntary basis.
 
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