D. R. Mehta
Encyclopedia
D.R. Mehta is a former chairman of Securities and Exchange Board of India
Securities and Exchange Board of India
The Securities and Exchange Board of India is the regulator for the securities market in India.-History:It was formed officially by the Government of India in 1992 with SEBI Act 1992 being passed by the Indian Parliament...

. He is a founder and chief patron of Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS), the world's largest organization for the handicapped in terms of free fitment of artificial limbs/calipers etc. Mehta is a recipient of Padma Bhushan, one of the highest Indian civilian awards, for his contribution to social cause.

Early life

Mehta was born at Jodhpur
Jodhpur
Jodhpur , is the second largest city in the Indian state of Rajasthan. It is located west from the state capital, Jaipur and from the city of Ajmer. It was formerly the seat of a princely state of the same name, the capital of the kingdom known as Marwar...

 in Rajasthan
Rajasthan
Rājasthān the land of Rajasthanis, , is the largest state of the Republic of India by area. It is located in the northwest of India. It encompasses most of the area of the large, inhospitable Great Indian Desert , which has an edge paralleling the Sutlej-Indus river valley along its border with...

. He is a graduate of Arts and Law from Rajasthan University. He also studied at Royal Institute of Public Administration, London, UK and the MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....

.

Career

D.R. Mehta joined the Indian Administrative Service
Indian Administrative Service
The Indian Administrative Service is the administrative civil service of the Government of India. It is one of the three All India Services....

 in 1961 and held numerous important positions initially in the Government of Rajasthan and later in the Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...

.

Mehta served as Chairman of SEBI, the regulator of the capital markets in India, from 1995 to 2002. SEBI is the Indian counterpart of the US Securities Exchange Commission (SEC). During Mehta’s tenure, a slew of economic reforms were introduced making the Indian capital market one of the most modern and efficient ones in the world, attracting both the local and foreign investors in large numbers.

From 1992 to 1995 Mehta served as the Deputy Governor of the Reserve Bank of India (RBI) which is the Central Bank of India. Still earlier, from 1991 to 1992 he was the Director General of Foreign Trade, Government of India, and Ministry of Commerce. Prior to this from 1989 to 1991, Mehta was Additional Secretary to the Government of India in the Ministry of Finance, dealing with banking.

From 1974 to 1989, except for a period of five years in between when he was serving the Ministry of Finance in the Government of India, Mehta had served the State Government of Rajasthan in various senior positions as the Secretary to the Government, in the Departments of Industries, Mines, and Special Programs of the Poor etc. During this period he was the Secretary to the Chief Minister of Rajasthan.

Social work

D.R. Mehta has been active in social field throughout his life. He set up Bhagwan Mahaveer Viklang Sahayata Samiti(BMVSS)in Jaipur in 1975 and is now its full time honorary volunteer. Under his leadership, BMVSS emerged as the largest organization for the handicapped in the world, providing artificial limbs / calipers and other aids and appliances for free. More than 1 million people have been its beneficiaries so far.

Mehta's focus on combining social service with science led to an MOU between Stanford University and BMVSS, resultig in the development of a new Knee Joint called the Jaipur Knee. It was hailed by the Time Magazine as one of the 50 Best Inventions of the World for the year 2009.

Mehta is also a well-known animal activist. He has started and has been associated with some animal homes, and has also published literature on animal welfare.

Awards/Honors

D.R. Mehta has been honored at national and international levels. In 2008 he was conferred with the Padma Bhushan
Padma Bhushan
The Padma Bhushan is the third highest civilian award in the Republic of India, after the Bharat Ratna and the Padma Vibhushan, but comes before the Padma Shri. It is awarded by the Government of India.-History:...

by the President of India. Mehta received the TECH Museum Award for Innovation and Its Use for Humanity in Silicon Valley in November 2007. He is also a recipient of The Indian for Collective Action Award, DIWALI BEHAN Award(conferred by Dalai Lama),CNBC Award for Social Enterprise, Satpal Mittal Award, etc. Mr. Mehta is also a Director on the Europe / Asia Board of the Alfred Sloan School of Management, MIT, USA.

External links

http://www.jaipurfoot.org/
http://www.rediff.com/money/1999/mar/17nandy.htm
http://thinkchangeindia.wordpress.com/2008/03/19/mit-meets-cutting-edge-grassroots-technology/
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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