From correspondents in Maharashtra, India, 10:31 AM IST
Eminent economist, author and academician Gangadhar Gadgil died here early Monday, family sources said. He was 85 and had been suffering from ailments related to old age.
Gadgil, the founder principal of the prestigious Narseemonji College of Commerce and Economics, died at his residence in Sahitya Sahwas in Bandra East.
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Respectful farewell to academician Gangadhar Gadgil. May the Giver of life grant eternal rest to the departed soul.
Mr Gadgil knew that mere academic knowledge of economics could be dangerous if raw theory is sought to be applied to ground realities for changing them. He gained a lot of practical knowleddge tghrough projects before he ventured giving professional opinions.
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