Thiruvanathapuram: Eminent economist
Kakkadan Nandanath Raj, who had made significant contribution
in preparing India`s first Five Year Plan, died here today,
family sources said.
Raj (85) had been under treatment for old-age related
health problems for quite some time. He is survived by two
sons, including journalist Gopal Raj.
A London School of Economics (LSE) alumnus, Raj served as
economic adviser to Prime Ministers from Jawaharlal Nehru to P
V Narasimha Rao. He had significant contribution in preparing
the first Five Year Plan as an expert member in the Planning
Commission. Then he was only 26 years old.
A distinguished academician, he also headed the Economics
Department of Delhi University and later served as its
Vice-Chancellor from October 1969 to December 1970.
He was one of those instrumental in setting up the Delhi
School of Economics and also taught there around the same time
when incumbent Prime Minister Manmohan Singh and Nobel
laureate economist Amartya Sen was in its faculty.
In the 1970s, he returned to his home state Kerala and
founded the Centre for Development Studies, an institution for
applied economics and social science research.
Author of several works, he had delivered lectures in
leading universities in India and abroad.