Dhananjay Ramchandra Gadgil
Encyclopedia
Dhananjay Ramchandra Gadgil (10 April 1901 - 24 May 1971), also known as D. R. Gadgil, was an India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 and a former director of the Gokhale Institute. He had very broad intellectual interests ranging from sociology, public affairs and history to biology and astronomy, and he had a personal library of over 3,000 books He was the author of the Gadgil formula
Gadgil formula
-Introduction:The Gadgil formula is due to D.R. Gadgil, the social scientist and the first critic of Indian Planning. It was evolved in 1969 for determining the allocation of central assistance for state plans in India...

.

Early life and education

Gadgil received a Master of Arts degree and a Master of Letters
Master of Letters
The Master of Letters is a postgraduate degree.- United Kingdom :The MLitt is a postgraduate degree awarded by a select few British and Irish universities, predominantly within the ancient English and Scottish universities.- England :Within the English University system MLitts are not universally...

 degree from the University of Cambridge
University of Cambridge
The University of Cambridge is a public research university located in Cambridge, United Kingdom. It is the second-oldest university in both the United Kingdom and the English-speaking world , and the seventh-oldest globally...

, as well as honoris causa Doctor of Letters
Doctor of Letters
Doctor of Letters is a university academic degree, often a higher doctorate which is frequently awarded as an honorary degree in recognition of outstanding scholarship or other merits.-Commonwealth:...

 degree.

Work

He held the post of vice-chancellor at the University of Poona. From 3 January 1966 to 31 August 1967, he was a member of the Rajya Sabha
Rajya Sabha
The Rajya Sabha or Council of States is the upper house of the Parliament of India. Rajya means "state," and Sabha means "assembly hall" in Sanskrit. Membership is limited to 250 members, 12 of whom are chosen by the President of India for their expertise in specific fields of art, literature,...

. He also served as president of the Indian Economic Association for the Mysore venue in 1940.

The idea of a cooperative
Cooperative
A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit...

 was first mooted at a conference of irrigators and presided over by eminent economist Dr. D.R. Gadgil in 1945. It was only by the end of 1948 that the first cooperative society to be set up at Pravaranagar was registered. The resounding success of the Pravara resulted in the government taking a decision in 1954 of granting industrial licenses for sugar industry to co-operatives alone. Shri. D.R.Gadgil, the first industrial co-operative venture in Asia namely Pravara Cooperative Sugar Factory (1949) was started.

A statue of him was inaugurated at Pravara Nagar by the Prime Minister of India
Prime Minister of India
The Prime Minister of India , as addressed to in the Constitution of India — Prime Minister for the Union, is the chief of government, head of the Council of Ministers and the leader of the majority party in parliament...

 Dr Manmohan Singh on February 8, 2008.

List of works

  • Planning and economic policy in India (5 editions) - first published in 1961
  • The industrial evolution of India in recent times (4 editions) - first published in 1924
  • Economic effects of irrigation (2 editions) - first published in 1948
  • The Federal problem in India (2 editions) - first published in 1947
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