Economist K N Raj dead
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Last Updated: Wednesday, February 10, 2010, 21:48
  
Thiruvananthapuram: Eminent economist Dr K N Raj, who made significant contributions as an academic and planning expert since 1950s, died at a private hospital here today, family sources said.

Raj, 86, was undergoing treatment for old age-related problems for quite some time. He is survived by two sons.

Held in high esteem by Jawaharlal Nehru, Raj was the co-author of the foreword to the first Five Year Plan.

After working with the Reserve Bank of India and Planning Commission, he returned to teaching with the Economics department of Delhi University and also served as its Vice Chancellor later.

In the 1970s, he returned to his home state Kerala and set up the Centre for Development Studies (CDS), which became a research centre of international repute.

Raj, in his early years, was known for his leftist leanings, but subsequently distanced himself from the country's political Left.

A pioneering economist, who introduced the "Kerala model of development", known for its high achievements in social parameters, Raj had served as honorary economic adviser to Prime Ministers from Nehru to P V Narasimha Rao.

He was also close to former President K R Narayanan and Nobel Laureate Amartya Sen.

-PTI


First Published: Wednesday, February 10, 2010, 21:48


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