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Faculty

Meet the Visionaries
Our Distinguished Faculty at Birla Institute of Management Technology

Shashi Kant Sharma

Assistant Professor

Biosketch

Dr. Shashi Kant Sharma is an economist with specialization in Health Economics, Insurance Economics, Impact Evaluation, and Efficiency and Productivity Analysis, supported by strong empirical and econometric expertise. He completed his Ph.D. in Economics from the Indian Institute of Technology Roorkee. His doctoral research examines the factors influencing health insurance uptake and healthcare utilization, with particular emphasis on publicly funded health insurance schemes, institutional quality, and socio-economic disparities in India.

He holds a master’s degree in economics from Banaras Hindu University, where he specialized in Advanced Econometrics, and a bachelor’s degree in economics from the same institution. His academic training has provided a solid foundation in microeconomic theory, applied econometrics, panel data methods, stochastic frontier analysis, data envelopment analysis, and impact evaluation techniques. He has gained valuable research and teaching experience at IIT Roorkee. He worked as a Research Associate on an ICSSR-sponsored project, which involved empirical analysis of climate variability and agricultural outcomes. In addition, he worked as a Teaching Assistant for Microeconomics for undergraduate B.Tech. courses, where he assisted in course delivery, tutorials, evaluation, and student mentoring. Dr. Sharma has actively engaged with the academic community by presenting his research at several national and international conferences, including meetings organized by the Indian Econometric Society and the Asia-Pacific Risk and Insurance Association. His work has been presented at conferences hosted by leading institutions across India and abroad, reflecting the growing international relevance of his research. His academic contributions have been recognized through awards and grants such as the Yu Ziyou Memorial Award, Kyobo Life Travel Scholarship, and ICSSR International Travel Grant. His ongoing research focuses on healthcare utilization under publicly funded health insurance schemes and efficiency analysis in the insurance sector.

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Education

  • Ph.D. in Economics, Indian Institute of Technology (IIT) Roorkee, 2025
  • Thesis: Determinants of Public and Private Health Insurance Consumption: A Study of Bihar

Area of Interest and Research

  • Health Insurance; Efficiency and Productivity Analysis; Impact Evaluation

Awards & Recognition

  • Yu Ziyou Memorial Award, 2024
  • Kyobo Life Travel Scholarship, 2024
  • ICSSR International Travel Grant, 2024
  • Kyobo Life Travel Scholarship, 2021
  • Scholarship under Ministry of Human Resource and Development for PhD

Research Papers and Working Papers

  • Sharma, S.K., & Sen, S. (2025). "Are Publicly Funded Health Insurance Schemes Leading Towards Better Healthcare Utilization and Quality of Life? A Case Study from India" Asia-Pacific Journal of Risk and Insurance, 2025. https://doi.org/10.1515/apjri-2024-0054
  • Sharma, S.K., & Sen, S. (2025). Efficiency and Its Determinants for Non-life Insurers in India: A Comparative Analysis Using DEA and SFA. Global Business Review. https://doi.org/10.1177/09721509251381620
  • (Revised and Resubmitted) Paper titled “How universal health insurance and institutional quality impact private health insurance demand? Insights from India”. (with Subir Sen)
  • (Under Review) Paper titled “Limited utilization of healthcare services under a Universal Health Coverage scheme: Should we only blame information asymmetry?” (with Subir Sen)

Books, Chapters and Technical Reports

  • Sharma, S., Sharma, S.K., Sen, S. (2025). Financing Urban BGI—Approaches and Challenges. In: Kibria, M.G., Parvin, G.A., Abedin, M.A., Shaw, R. (eds) Urban Blue-Green Infrastructure Approach for Food Security and Climate Disaster Resilience. Disaster Risk Reduction. Springer, Singapore. https://doi.org/10.1007/978-981-96-8746-6_14

Conference, Seminar Paper and Presentations

  • Presented paper titled “Demand for PMJAY Health Insurance in Selected Districts of Bihar: What Factors Influence Utilization?" 2nd International Conference on Environment, Business, and Sustainability: The Emerging Paradigms organized by Bennett University in collaboration with Bradley University, Illinois & Lincoln University College, Malaysia, November 22, 2024 - November 23, 2024. (Co-author: Subir Sen)
  • Presented paper titled “The Flagship Health Insurance Scheme under Pradhan Mantri Jan Arogya Yojana (PMJAY): An Assessment of Impact in Selected Districts of Bihar, India" in 28th Annual Meeting of Asia-Pacific Risk and Insurance Association organized by the National University of Laos, Vientiane, July 28, 2024 - July 31, 2024. (Co-author: Subir Sen)
  • Presented paper titled "Efficiency of Indian Non-life Insurers: A Comparison of Parametric & Non-parametric Approaches" in "Management Doctoral Colloquium 2024" organized by the Indian Institute of Technology Kharagpur (IIT Kharagpur), West Bengal, January 31, 2024 - February 2, 2024. (Co-author: Subir Sen)
  • Presented paper titled "Impact Evaluation of PM-JAY Health Insurance Scheme in Selected Districts of Bihar" in "Global Conclave 2024" organized by the Institute of Human Development, New Delhi, January 11, 2024 - January 13, 2024. (Co-author: Subir Sen)
  • Presented paper titled "Determinants of Health Insurance Demand in India: A State-Level Analysis" in the 57th Annual meeting of "The Indian Econometric Society (TIES)" hosted by the University of Hyderabad, Hyderabad, January 4, 2023 - January 6, 2023. (Co-author: Subir Sen)
  • Presented paper titled "Examining the Efficiency of Non-life Insurers in India: Application of a Stochastic Frontier Approach" in 25th Annual Meeting of the Asia Pacific Risk and Insurance Association (APRIA) hosted by Hadassah Academic College, Jerusalem, Israel, July 25, 2021 - July 28, 2021. (Co-author: Subir Sen)
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