Purshottamdas Thakurdas Explained

Sir[1] Purshottamdas Thakurdas (1879–1961),[2], was an Indian Gujarati cotton trader, banker and industrialist from Mumbai, India.[3] [4] [5] [6]

He had served as the Sheriff of Bombay in 1920[7] and succeeded Sir Mathuradas Vissanji in 1922 as President of Cotton Association of India (later the Cotton Corporation of India).

He was a member of the Acworth Committee[8] and a member of the Hilton Young Commission.[9] He along with GD Birla then established the Federation of Indian Chambers of Commerce & Industry in 1927, on the advice of Mahatma Gandhi.[10] [11] [12] [13]

During the early 1930s there was a swing among the Indian businessmen towards a policy of more substantial compromise with the Raj, and they found Lord Irwin, Viceroy of India, anxious to meet them half way: "The 'liberal' and 'moderate' leaders, including the prominent Bombay businessman Purshottamdas Thakurdas, issued a statement from Bombay welcoming Irwin's declaration".[14]

On 12 November 1935, he was elected a member of the Local Board for the Western area of the Reserve Bank of India (RBI) and was the fourth longest-serving director on the Central Board of the RBI.

Thakurdas was one of the signatory of Bombay Plan,[15] which was set of proposals for the post-independence economy of India.[16] [17] He headed the Foodgrain Policy Committee of 1947.[18]

Notes and References

  1. https://www.thegazette.co.uk/London/issue/33080/page/5763/data.pdf The London Gazette, Tuesday 1 September 1925. Retrieved 2021-06-13.
  2. Web site: Sir Purshotamdas Thakurdas by Bassano Ltd (whole-plate glass negative). National Portrait Gallery, London. 20 October 1931. 2021-06-13.
  3. Web site: The industrialists behind India's first national economic plan. Sanyal. Amal. Quartz India. 15 November 2018 . en. 2020-03-17.
  4. Web site: Captains, Put Up A Design Outlook India Magazine. Outlook. 2020-03-17.
  5. Web site: जब गवर्नर देशमुख ने अंग्रेज सरकार को RBI से दूर रहने की नसीहत दी... 2018-11-18. Quint Hindi. hi. 2020-03-17.
  6. Book: Godsmark, Oliver. Citizenship, Community and Democracy in India: From Bombay to Maharashtra, c. 1930 - 1960. 2018-01-29. Routledge. 978-1-351-18821-0. en.
  7. Book: Government Of India. Directory Of Bombay City Province 1939. 86.
  8. Book: Moraes . Francis Robert . Sir Purshotamdas Thakurdas . 1957 . Asia Publishing House . 30–34 . 29 July 2022 . en.
  9. Web site: Tarapore. S. S.. 14 November 2013. The kings of finance. 2021-11-25. The Hindu BusinessLine.
  10. Web site: Abhivyakti IIT Kanpur 2019: 'Startup solution to many socio-economic challenges,' says UP's Additional Chief secretary Alok Sinha. 2019-11-06. Hindustan Times. en. 2020-03-17.
  11. Web site: G.D. Birla, the man who rose to become a powerful business magnate from cotton mill owner. P. Samyak. ey. 2019-06-11. ThePrint. en-US. 2020-03-17.
  12. Web site: The Gandhi you know, and the one you don't. Livemint. 2019-10-01. Livemint. en. 2020-03-17.
  13. Book: Bandyopādhyāẏa, Śekhara. From Plassey to Partition: A History of Modern India. 2004. Orient Blackswan. 978-81-250-2596-2. 362. en.
  14. Book: Seal, Anil . Baker, Christopher . Johnson, Gordon. Power, Profit and Politics: Essays on Imperialism, Nationalism and Change in Twentieth-Century India – Volume 15, Part 3 . . October 15, 2009 . 9780521133869 . 534.
  15. Web site: Menon. Rashmi. The Bombay Plan for economic reform. The Economic Times. 15 February 2016.
  16. News: Subramanian. Kandaswami. 'The Bombay Plan — Blueprint for Economic Resurgence' review: The plan that failed. 2018-12-15. The Hindu. 2020-03-17. en-IN. 0971-751X.
  17. Web site: Cotton Association of India . www.caionline.in . 22 July 2022.
  18. Web site: March of Agriculture since Independence and Growth Trends – Historical Analysis and Examination of India's Agricultural Production and Farmers' Income. Report of the Committee on Doubling Farmers’ Income. Committee on Doubling Farmers' Income (Department of Agriculture, Cooperation and Farmers’ Welfare, Ministry of Agriculture & Farmers' Welfare). August 2017. 1. 1. ...a committee under P. Thakurdas in 1947. Also known as the Foodgrain Policy Committee (1947), it studied the aspects related to food distribution, and the main features of its recommendation were gradual withdrawal of control and removal of restrictions on movements of foodgrains..

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