K. N. Raj
From Wikipedia, the free encyclopedia
K.N. Raj
Kakkadan Nandanath Raj or plain K.N. Raj is the economist who played an important role in India's planned development, drafting sections of India's first Five Year Plan, specifically the introductory chapter. Raj was then merely 26 years old.
Raj moved to Delhi University, where he was Professor of Economics and also Vice-Chancellor (from October 1969 to December 1970), spending a total of 18 years there. During that time, he was instrumental in setting up the Delhi School of Economics (DSE).
After returning to Kerala from Delhi in 1971, Raj set up the Centre for Development Studies (CDS) at Thiruvananthapuram, an institution that soon acquired an international reputation for applied economics and social science research. The work that Raj and his colleagues did for the United Nations in the early days of the CDS, and published in 1976, helped shape the contours of what later came to be called the "Kerala model" of development - the co-existence of low per capita income and very high physical quality of life indicators.
Raj once wrote philosophically: "I think that most of the things that welfare economists talk about are those that are obvious to all of us, especially the common people. In fact, even a pure philosopher and religious thinker like Sree Narayana Guru, who achieved a social transformation in Kerala, spoke about the very same things that welfare economists speak about today: education, health care facilities, even small-scale industries... Many people like me practised welfare economics without knowing that it was welfare economics, because we were anxious that economics should help the poor. But people who take economic theory literally would say that this is not our problem."
