Financial Daily from THE HINDU group of publications
Friday, Jan 24, 2003
Financial Daily from THE HINDU group of publications Friday, Jan 24, 2003 |
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People Industry & Economy - People Brahmananda passes away Our Bureau
BANGALORE, Jan. 23 PROF P.R. Brahmananda, noted economist and President of the International Economic Association (IEA), died here on Thursday following a cardiac arrest. He was 77. Prof Brahmananda was only the fourth Indian to be made the honorary president of the IEA. He guided 40 students for their doctorate at Bombay University including that of the current Governor of the Reserve Bank of India, Dr Bimal Jalan. A bachelor, Prof Brahmananda was the son of P.R. Ramaiya, the founder-Editor of one of the most popular Kannada dailies, the now defunct Tainadu, during the pre-Independence era. His mother, P.R. Jayalakshamma, was a former Deputy Mayor of Bangalore. Prof Brahmananda completed his doctorate from the School of Economics in Bombay and later worked as a research assistant to renowned economist Prof C.N. Vakil. He was later a visiting professor of the Delhi School of Economics and the Director of the Bombay School of Economics. He was awarded the Rockefeller Foundation Fellowship in 1956, which could not be taken up. He was also a member of the panel of economists to the Planning Commission and Finance Ministry. He wrote more than 20 books and over 600 articles and papers to different economic journals and publications, with more than a dozen early articles on development economics in the early 1950s. The Sraffa Revolution articles in the early 60s have been widely reproduced in different parts of the world. According to a profile by Messrs D.M. Nachane & V.G. Kalyankar, Prof Brahmananda's researches being carried out over a period of nearly five decades encompass the different aspects of general economic theory which have been attempted to be restated in the process of the modernisation of classical economics and he has pioneered studies in the subject of development economics in the light of the economic history and experience in a large developing economy like India. His association with BL and his last wish At 3.30 p.m. on Thursday, just over an hour before he passed away, Prof Brahmananda spoke to our staffer on the desk in Chennai about his weekly column `Economy — A Perspective', appearing every Saturday. He was particularly enthused about the three-volume Tenth Five-Year Plan document that had recently been made public. Having studied the papers in detail, he was all praise for the approach adopted in preparing the document and said it represented quite a radical, and positive, departure in thinking and presentation from the earlier such efforts. Prof Brahmananda said he wanted to comment in detail on a whole range of areas covered by the document and hoped to do so in a series of articles on the Plan papers. There were several important aspects that he felt needed to be brought to the notice of the reader. However, he was only able to write one article, which will appear on Saturday's Edit page.
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