Sachindra Chaudhuri
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Sachindra Chaudhuri (24 February 1903 – 12 June 1992) was an Indian lawyer and
politician A politician is a person who participates in Public policy, policy-making processes, usually holding an elective position in government. Politicians represent the people, make decisions, and influence the formulation of public policy. The roles ...
who was
Minister of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio ...
of the
Government of India The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union t ...
from 1965 to 13 March 1967, under
Lal Bahadur Shastri Lal Bahadur Shastri (; born Lal Bahadur Srivastava; 2 October 190411 January 1966) was an Indian politician and statesman who served as the Prime Minister of India, prime minister of India from 1964 to 1966. He previously served as Minister ...
and
Indira Gandhi Indira Priyadarshini Gandhi (Given name, ''née'' Nehru; 19 November 1917 – 31 October 1984) was an Indian politician and stateswoman who served as the Prime Minister of India, prime minister of India from 1966 to 1977 and again from 1980 un ...
. He also was Director of several companies, member of Central Board of
State Bank of India State Bank of India (SBI) is an Indian Multinational corporation, multinational Public sector undertakings in India, public sector bank and financial service body headquartered in Mumbai. It is the largest bank in India with a 23% market shar ...
, member of
Law Commission A law commission, law reform commission, or law revision commission is an independent body set up by a government to conduct law reform; that is, to consider the state of laws in a jurisdiction and make recommendations or proposals for legal chang ...
and member of Indian delegation to
General Assembly of the United Nations The United Nations General Assembly (UNGA or GA; , AGNU or AG) is one of the six principal organs of the United Nations (UN), serving as its main deliberative, policymaking, and representative organ. Currently in its 79th session, its powers, ...
.


Political career

Sachindra Chaudhuri was member of
Indian Parliament The Parliament of India (ISO: ) is the supreme legislative body of the Government of the Republic of India. It is a bicameral legislature composed of the Rajya Sabha (Council of States) and the Lok Sabha (House of the People). The President o ...
for Ghatal constituency. He was
Minister of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio ...
of India. During his term, Indian economy went into a 2-year recession for the first time since Independence. Real GDP growth fell by 3% in 1965 and 1% in 1966. Consequently, the Rupee was devalued for the first time.


Personal life

Sachindra Chaudhuri was born on 24 February 1903, in Calcutta. His father was Prabhodh Chandra Chaudhuri. He educated at Rani Bhabani School in Calcutta, later he studied at Presidency College in Calcutta and later at
Fitzwilliam College, Cambridge Fitzwilliam College is a constituent college of the University of Cambridge, England. The college has origins from 1869, with the foundation of the Non-Collegiate Students Board, a venture intended to offer academically excellent students of all ...
. He also was at
Lincoln's Inn The Honourable Society of Lincoln's Inn, commonly known as Lincoln's Inn, is one of the four Inns of Court (professional associations for Barrister, barristers and judges) in London. To be called to the bar in order to practise as a barrister ...
. He married Seeta Mitter on 11 December 1930. He had two sons and two daughters. His family originally belongs to the renowned Zamindar house called "Baksha Chowdhury Bati" at a place called Baksha, Hooghly, West Bengal (nearest railway station is Janai Road)and "Baksha Chowdhury Bati" is famous for its Dol Utsav(festival of colour) and Durgapuja more than 400 years old. He died on 12 June 1992 after a long illness.


References

1903 births 1992 deaths Place of birth missing Ministers of finance of India Ministers for corporate affairs Politicians from Kolkata India MPs 1962–1967 20th-century Indian lawyers Alumni of Fitzwilliam College, Cambridge Lok Sabha members from West Bengal People from Paschim Medinipur district Indian National Congress politicians from West Bengal {{WestBengal-politician-stub