ECONOMICA

  Born – 23 rd August 1915 Affiliation – London School of Economics, University of Manchester, Princeton University. Nobel prize – Prize in Economic Sciences (1979) Contributions – Lewis Model, or dual sector model in underdeveloped and developing economies. “I never meant to be an economist. My father wanted me to be a lawyer but he died when I was seven; he had no vote at the appropriate time. I did not want to be a doctor either, nor a teacher. That put me in a hole, since law, medicine, preaching and teaching were the only professions open to blacks in my day. I wanted to be an engineer, but neither the colonial government nor the sugar plantations would hire a black engineer.” -         Arthur Lewis Sir Arthur Lewis, a pioneer of development economics and one of the influential Nobel laureates, also known as the father of development economics was born on January 23 rd 1915 to George and Ida Lewis who were both school teache...

Dr. Raja Chelliah             As India celebrates the 25th anniversary of economic reforms this year, much has been spoken and written about the reforms. In 1991, when the country faced a precarious situation, structural reforms were undertaken to change the course of India’s economy, of which tax reforms were an important part. Integral to these taxation reforms was the Padma Vibhushan recipient Dr. Raja Chelliah, famously known as the “father of India’s tax reforms”. EDUCATION - Born on 12 December 1922, Dr. Raja Jesudoss Chelliah graduated with a master's degree in Economics from the University of Madras. He then worked as a lecturer in Madras Christian College for five years before going to the United States on a Fulbright scholarship to do a PhD at the University of Pittsburgh. BEGINNING OF A STELLAR CAREER IN PUBLIC FINANCE - After graduating from the University of Pittsburgh, Dr. Chelliah took a job in the National Council of Applied Eco...