Dattatreya Gopal Karve

Dattatreya Gopal Karve (; 24 December 1898 – 28 December 1967) was an Indian economist and professor who contributed to the fields of economics, public administration and the cooperative movement in India. He was also the deputy governor of the Reserve Bank of India from 1962 to 1964. Early life and education D. G. Karve was born in Pune, India in 1898. His father died when he was one year old placing a financial burden on the remaining family. Supported by his mother, he studied at the New English School in Pune and later at Fergusson College. He failed a first-year college examination—an experience that spurred him to bring his academic and life goals into clearer focus. He studied under the distinguished Indian economist Professor V. G. Kale, and in 1921 was awarded the Cobden Club Medal for winning first position in economics on his BA examination. Academic achievements In 1923, D.G. Karve joined the Deccan Education Society as a professor of economics. In collaboration with Professor Kale he published a book on Principles of Economics in the Marathi language in 1927, followed by a second volume in 1929. In 1932 he succeeded Professor Kale as Head of the Economics Department at Fergusson College, Pune. In June 1935, the Deccan Education Society appointed him Principal of Willingdon College, Sangli, an institution suffering from low numbers and poor academic standing. By the end of his five-year term the college saw significant improvements in its enrollment, finances and its reputation. He returned to Fergusson College as Head of the History-Economics Department in 1940. He went on to become the first principal of the newly formed Brihan Maharashtra College of Commerce in 1943. Recognition of his contributions to the field of economics led to his election as President of the All-India Economic Conference in 1945 and President of the All-India Agricultural Economic Conference in 1956. He served as Vice Chancellor of the University of Poona from 1959 to 1961. In 1962 Dattatreya Gopal Karve was awarded an Honorary Fellowship at the International Institute of Social Studies (ISS) in The Netherlands.