Background
MADAN, Bal was born on July 13, 1911 in Sahowala, Punjab. Son of Shivram Madan and Jamnadevi Chhabra.
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Bal Krishna MADAN
Edit ProfileEducation
University of Punjab, Lahore.
Career
Lecturer in Economics, University of Punjab 1936-1937. Officer for Enquiry into Resources, Punjab Government 1937-1939. Economics Adviser to Punjab Government 1940-1941.
Director of Research, Reserve Bank of India, Bombay 1941-1945.
Secretary of Indian delegation to Bretton Woods 1944. Deputy Secretary Indian Tariff Board 1945.
Executive Director" International Monetary Fund 1946-1948, International Bank for Reconstruction and Development 1947-1948. Executive Director International Monetary Fund 1948-1950, 71.
Adviser to Reserve Bank of India 1950.
Adviser to Reserve Bank of India 1957, Executive Director 1959, Deputy Governor 1964-1967. Director Industrial Finance Corporation of India 1961-1964, Life Insurance Corporation of India 1964-1967. Chairman Steering Group on Wages, Incomes and Prices Policies 1964-1966.
President Society of Agricultural Economics 1957, Indian Economics Association 1961.
Vice-Chairman Industrial Development Bank of India 1964-1967. Chairman Bonus Review Committee, Indian Government 74.
Chairman Manager Development Institute 1973-1980. Director Hindustan Electro-Graphites Limited.
1979-1987, Springs India Limited. since 1981.
Membership
Indian Legislative. Assembly and Assembly Committee on Bretton Woods Agreement 1946. Indian Delegate, First Commonwealth Finance Ministers’ Conference London 1949. United Nations Committee on Domestic Financing of Economics Development 1949.
Finance Commission, Indian Government 1952.
Taxation Enquiry Commission 1953-1954. Experts Group on United Nations Special Fund for Economics Development 1955.
Governing Body Indian Investment Centre 1960-1967. Board of Governors, National Council of Applied Economics Research since 1975, National Institute of Public Finance and Policy 88.
Interests
Connections
Married Savitri Pahwa in 1935.
