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D. R. Gadgil

Dhananjay Ramchandra Gadgil
Born (1901-04-10)10 April 1901
Nasik, Maharashtra, India
Died 3 May 1971(1971-05-03) (aged 70)
India
Other names D. R. Gadgil
Occupation Economist
Institution builder
Known for Gadgil formula
Indian Cooperative Movement
Gokhale Institute of Politics and Economics
Spouse(s) Pramila
Children 3 sons and one daughter
Parent(s) Ramchandra Bhargav

Dhananjay Ramchandra Gadgil (1901–1971), 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.

Gadgil was born on 10 April 1901 in Nasik in the western Indian state of Maharashtra as the son of Ramchandra Bhargav, in Brahmin family which had migrated from the Konkan region. His early education was at his ancestral city of Nagpur after which he graduated from Mumbai University and proceeded to Cambridge University from where he secured Master of Arts (MA) and Master of Literature (MLitt) degrees. It is reported that the dissertation he submitted for his MLitt degree became a classic and was published by Oxford University Press as a book, The Industrial Evolution of India in Recent Times in 1924. He stayed at Cambridge and returned to India after obtaining a DLitt (Honoris Causa).

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.


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