Dhananjay Ramchandra Gadgil

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Dhanjayrao Gadgil
Born (1901-04-10)10 April 1901
Nagpur, India
Died 3 May 1971(1971-05-03) (aged 70)
Organization Maharashtra State Cooperative Bank, Indian National Congress (INC)
Movement Indian Cooperative Movement

Dhananjay Ramchandra Gadgil (10 April 1901 – 24 May 1971), also known as D. R. Gadgil, was an Indian economist and a former director of the Gokhale Institute. He was the author of the Gadgil formula.

Early life and education[edit]

Dhanjayrao was born in a Brahmin family in the city of Nagpur. His grandfather was the first in the family to move from Mandrem,Goa to Nagpur. He completed his early education in Nagpur and later received a Master of Arts degree and a Master of Letters degree from the University of Cambridge, as well as honoris causa Doctor of Letters degree. He married Shrimati Pramila and had three sons (Ajit, Purshottam and Madhav)and one daughter (Sulabha).,[1][2]


He held the post of vice-chancellor at the University of Poona. From 3 January 1966 to 31 August 1967, he was a nominated member of the Rajya Sabha.[1] He also served as president of the Indian Economic Association for the Mysore venue in 1940.[3]

The idea of a cooperative was first mooted at a conference of irrigators and presided over by him in 1945. It was only by the end of 1948 that the first cooperative society to be set up at Pravaranagar was registered. It stated the first industrial co-operative venture in Asia namely Pravara Cooperative Sugar. 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.[4]

A statue of him was inaugurated at Pravara Nagar by the Prime Minister of India Dr Manmohan Singh on February 8, 2008.[5]

Gadgil 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 [6]

List of works[edit]

  • 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