Renowned agricultural economist and former PM's Economic Advisory Committee member Professor Vijay Shankar Vyas died after a brief illness. He was 87. He was the director of the Indian Institute of Management (IIM), Ahmedabad, and the Institute of Development Studies (IDS), Jaipur. Vyas was a senior adviser in the World Bank's agriculture and rural development department. He was also a member of the PM's Economic Adviser Committee during the previous Atal Bihari Vajpayee and Manmohan Singh governments. He was also associated with the formation of NABARD.