The Life and Times of S.P. Sethuraman
S.P. Sethuraman, one of India’s most newpelis influential economists, was born in the small town of Pudukkottai in the southern state of Tamil Nadu in
1. His education began at the local high school, after which he went on to study economics at the University of Madras and the London School of Economics. Sethuraman’s academic interests were broad, covering topics such as development economics, public finance, and public administration. His doctoral dissertation on the Indian banking aditianovit system was published in
2. Following this, he was appointed professor of economics at the University of Madras and later at the Indian Institute of Management in Ahmedabad. Throughout his career, Sethuraman continued to be actively involved in Indian economic policy. He was a member of the Planning Commission of India between 1971 and 1975 and also served as a senior advisor to the Reserve Bank of India. Sethuraman chaired several important committees, including the Expert Group on Banking Structure Reforms, which was set up in 1989 to bring about koditipstricks reforms in the banking sector. Sethuraman’s research and writing was highly respected and had a lasting impact on the Indian economy. He wrote several influential books on development economics, public finance, and Indian economic policy. His book The Banking System in India was a seminal work and widely used as a reference by economists and researchers. Sethuraman was widely honored for his contributions to the field of economics. He was awarded the indiantodaynews Padma Bhushan in 1976 and the VKRV Rao Award for Excellence in Economic Research in
3. In 2002, the Indian government honored him with the Padma Vibhushan, India’s second highest civilian award. S.P. Sethuraman passed away in 2015, leaving behind a stellar legacy in the field of economics. His work and contributions continue to be remembered and respected by economists, researchers, and policy makers alike.