Chintaman Dwarkanath Deshmukh, often referred to as C. D. Deshmukh, was an Indian civil servant, economist, and politician. Here are some key highlights of his life and career:
Early Life: C. D. Deshmukh was born on January 14, 1896, in Maharashtra, India.
Education: He was educated at the University of Cambridge in the United Kingdom.
Career in the Indian Civil Services: Deshmukh joined the Indian Civil Services in 1918 and served in various administrative and financial roles during the British colonial period.
Economist: He was a noted economist and contributed significantly to economic policymaking in India during the pre-independence and post-independence eras.
Post-Independence Role: After India gained independence in 1947, Deshmukh played a crucial role in the economic development of the country. He served as the first Indian Governor of the Reserve Bank of India (RBI) from 1943 to 1949.
Union Finance Minister: Deshmukh also served as the Union Finance Minister of India from 1950 to 1956, during the tenure of Prime Minister Jawaharlal Nehru. As the Finance Minister, he played a vital role in shaping India's economic policies during its early years as an independent nation.
Contributions: C. D. Deshmukh is known for his contributions to fiscal and monetary policy formulation in India and his efforts to establish the Planning Commission, which played a key role in the country's economic planning and development.
Legacy: He was awarded the Padma Vibhushan, one of India's highest civilian honors, in recognition of his contributions to public service and economics.
Later Life: After retiring from active politics and public service, Deshmukh continued to be involved in various cultural and academic pursuits.
Death: C. D. Deshmukh passed away on October 2, 1982.
C. D. Deshmukh was a prominent figure in the early years of independent India, and his contributions to the nation's economic and financial policies continue to be remembered and studied.
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