Mahadev Govind Ranade The Great Indian Economists Philosopher

 MAHADEV GOVIND RANADE 

Mahadev Govind Ranade has been called as the father of Renaissance in western India. He influenced everyone who came in his contact. Ranade was born at Nasik on 18th January, 1842. After taking his M.A. Degree from Bombay University in 1865, he qualified himself for the degree of Law. He taught economics at the University of Bombay for some time. Later on, he entered judicial service and became the judge of the Bombay High Court. Since then, Ranade was popularly known as Justice Ranade. He was in that post till his death in 1901. In 1878, Ranade started the publication of the 'Quarterly Journal'. In 1884 he helped in founding the 'Deccan Education Society'. The aim of this society was to provide western education to the rising generation without exposing it to the antinational bias of English educators. From this, it is deduced that while recognising the merits of western education, Ranade wanted to adopt it without loosing the spirit of rationalism. The economic ideas of Ranade are found in his most important works: "Essay on Indian Political Economy" (1898) and "The Rise of Maratha Power" (1900).