Dr. D. R. Gadgil, Chief guest - 3rd Convocation (13.05.1968)

Dhananjay Ramchandra Gadgil (10 April 1901 – 3 May 1971), also known as D. R. Gadgil, was an Indian economist, institution builder and the vice-chairman of the Planning Commission of India. He was the founder Director of the Gokhale Institute of Politics and Economics, Pune and the author of the Gadgil formula, which served as the base for the allocation of central assistance to states during the Fourth and Fifth Five Year Plans of India. He is credited with contributions towards the development of Farmers' Cooperative movement in Maharashtra.

The Government of India recognised his services by issuing a commemorative postage stamp in his honour in 2008.

Career: 
Once in his home country, Gadgil joined the Maharashtra government service but gave it up in 1925 to serve as the principal at the Maganlal Thakordas Balmukunddas Arts College, Surat. Later, he associated himself with the Servants of India Society of Gopal Krishna Gokhale and when the Gokhale Institute of Politics and Economics (GIPE) was established in Pune in 1930, he became its founder director. His tenure at the institute lasted till 1933 during which time he undertook several projects related to development of rural economy. He was also a member of the Indian Economic Association and served as its president for the year 1940. In 1946, the Government of Maharashtra entrusted him and A. D. Gorwala, an Indian Civil Service officer, with the responsibility of devising a plan for the distribution of food in times of scarcity, and they recommended the introduction of fair price shops and rationing system, reportedly against the suggestions of Mahatma Gandhi. He was also involved with the Samyukta Maharashtra Movement and the cooperative sector and is known to have drawn up a plan for the development of Mumbai and Pune.

Meanwhile, Gadgil's involvement with the cooperative movement in Maharashtra grew as he got associated with Vithalrao Vikhe Patil, Shankarrao Dhumal (father of Ajay Dhumal), and Vaikunthbhai Mehta, three of the pioneers of Indian cooperative movement. He became a director of the Pune District Central Cooperative Bank in 1930, served as the chairman of the Maharashtra State Cooperative Bank and held the chair of the National Federation of Cooperative Banks. His association with Vithalrao Vikhe Patil and Shankarrao Dhumal is said to have resulted in the founding of Pravara Cooperative Sugar Factory, the first industrial venture in the Asian cooperative sector, in 1949. The venture, which later came to be known as the Pravara Model of Integrated Rural Development, is reported to have gained national recognition. He also served as the president of the National Cooperative Union of India, the apex organisation of the cooperative movement in India.

The Reserve Bank of India included him as a member of the Survey Panel for the rural credit and, later, in 1952, he became a director of the apex bank in India, holding the post for a decade, till 1962. In 1966, he took up the post of the vice-chancellor of the Savitribai Phule Pune University but stayed at the post only for one year to move to Union Government as the Deputy chairman of the now defunct Planning Commission of India, the highest bureaucratic position in the Indian economic sector which holds the rank of a cabinet minister. He also served as a nominated member of Rajya Sabha, the upper house of the Indian parliament, from 3 April 1966 to 31 August 1967.

     1968-05-13

     https://en.wikipedia.org/wiki/Dhananjay_Ramchandra_Gadgil
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