Mahadev Govind Ranade
Mahadev Govind Ranade | |
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Birthplace | Niphad, Nashik District, Maharashtra, India |
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Ranade, Mahadev Govind
Born Jan. 18, 1842, in Ni-phad, Maharashtra; died Jan. 17, 1901. Indian public and political figure and economist. Son of a rich Brahman.
Ranade graduated from the University of Bombay. From 1885 to 1893 he was a member of the legislative council of the Bombay presidency. He was a leader of the Indian bourgeois-nationalist organization in Maharashtra and, later, of the Indian National Congress. In the Indian national movement he sided with the moderate bourgeois-liberals.
In his works, Ranade drew a vivid picture of India’s plunder by the colonialists. Ranade called for the development of large-scale industry and banking in India and demanded that the British colonial authorities offer support to Indian enterprises. A proponent of state protectionism, he considered state regulation and control to be the decisive factor in the modernization of the Indian economy. His agrarian program amounted to a strengthening of private ownership of land and the creation of a strong middle class composed of landowners and the upper stratum of the peasantry. Ranade greatly influenced the formation of the ideology of the Indian national bourgeoisie.