D. R. Mehta

Last updated

D. R. Mehta (born 25 June 1937) is a former chairman of Securities and Exchange Board of India (SEBI). Mehta is a recipient of Padma Bhushan, one of the highest Indian civilian awards, for his contribution to social causes. [1]

Contents

Early life

Mehta was born at Jodhpur in Rajasthan. He is a graduate of arts and law from Rajasthan University. He also studied at Royal Institute of Public Administration, London, UK and the MIT Sloan School of Management.

Career

D. R. Mehta joined the Indian Administrative Service in 1961 and held numerous positions initially in the Government of Rajasthan and later in the Government of India.

Mehta served as chairman of SEBI, the regulator of the capital markets in India, from 1995 to 2002. SEBI is the Indian equivalent of the U.S. Securities and Exchange Commission (SEC). Mehta, unlike most bureaucrats, [2] orchestrated significant transformations in the India's capital markets within a brief period by introducing a slew of economic reforms; eventually making the Indian capital market one of the most modern and efficient ones in the world, attracting both local and foreign investors. [3]

From 1992 to 1995 Mehta served as the deputy governor of the Reserve Bank of India (RBI) which is the central bank of India. Still earlier, from 1991 to 1992 he was the director general of Foreign Trade, Government of India, and Ministry of Commerce. Prior to this, from 1989 to 1991, Mehta was additional secretary to the Government of India in the Ministry of Finance, dealing with banking.

From 1974 to 1989, except for five years when he was serving the Ministry of Finance of India, Mehta worked for the state government of Rajasthan in various senior positions as the secretary to the government, in the departments of Industries, Mines, and Special Programs of the Poor etc. During this period he was the secretary to the Chief Minister of Rajasthan. [4]

Social work

D. R. Mehta has been active in social field throughout his life. He set up Bhagwan Mahaveer Viklang Sahayata Samit (BMVSS) in Jaipur in 1975 and is now its full-time honorary volunteer. Under his leadership, BMVSS emerged as the largest organization for the handicapped in the world, providing artificial limbs/calipers and other aids and appliances for free. More than 1 million people have been its beneficiaries so far. [5]

Mehta's focus on combining social service with science led to a memorandum of understanding between Stanford University and BMVSS, resulting in the development of a new knee joint called the Jaipur Knee. It was hailed by the Time magazine as one of the 50 best inventions of 2009. [6]

Mehta is also a well-known animal activist. He has started and has been associated with some animal homes, and has also published literature on animal welfare.

Awards and honours

D. R. Mehta has been honoured at national and international levels. In 2008 he was conferred with the Padma Bhushan by the President of India. [7] Mehta received the TECH Museum Award for Innovation and Its Use for Humanity in Silicon Valley in November 2007. [8] He is also a recipient of the Indian for Collective Action Award, Diwali Behan Award (conferred by the Dalai Lama), the CNBC Award for Social Enterprise, Satpal Mittal Award, etc. Mr. Mehta is also a director on the Europe / Asia Board of the U.S.-based MIT Sloan School of Management. D R Mehta was also a recipient of the Rajiv Gandhi National Sadbhavana Award in 2012. The award, which carries a citation and a cash award of Rs five lakh, has been given for his outstanding contribution towards promotion of communal harmony, peace and goodwill. In 2013 he was conferred with the Rajasthan Ratna by the Rajasthan Government.

Related Research Articles

<span class="mw-page-title-main">Baba Amte</span> Indian Social Worker, Reformer and Activist

Murlidhar Devidas Amte, popularly known as Baba Amte, was an Indian social worker and social activist known particularly for his work for the rehabilitation and empowerment of people suffering from leprosy. He has received numerous awards and prizes including the Padma Vibhushan, the Dr. Ambedkar International Award, the Gandhi Peace Prize, the Ramon Magsaysay Award, the Templeton Prize and the Jamnalal Bajaj Award. He is also known as the modern Gandhi of India.

The Padma Bhushan is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri. Instituted on 2 January 1954, the award is given for "distinguished service of a high order...without distinction of race, occupation, position or sex." The award criteria include "service in any field including service rendered by Government servants" including doctors and scientists, but exclude those working with the public sector undertakings. As of 2020, the award has been bestowed on 1270 individuals, including twenty-four posthumous and ninety-seven non-citizen recipients.

<span class="mw-page-title-main">Kapila Vatsyayan</span> Indian politician

Kapila Vatsyayan was a leading scholar of Indian classical dance, art, architecture, and art history. She served as a member of parliament and bureaucrat in India, and also served as the founding director of the Indira Gandhi National Centre for the Arts.

Prabhu Lal Bhatnagar, commonly addressed as P. L. Bhatnagar, was an Indian mathematician known for his contribution to the Bhatnagar–Gross–Krook operator used in Lattice Boltzmann methods (LBM).

Jhabarmal Sharma was a noted journalist and historian of Rajasthan state in India. He was a recipient of the Maharana Mewar award. He wrote several books in Hindi on history. He received the Padma Bhushan in 1982.

<span class="mw-page-title-main">Jaipur foot</span> Prosthetic limb

The Jaipur foot, also known as the Jaipur leg, is a rubber-based prosthetic leg for people with below-knee amputations. Although inferior in many ways to the composite carbon fibre variants, its variable applicability and cost efficiency make it an acceptable choice for prosthesis. Ram Chandra Sharma and orthopedic surgeon P. K. Sethi designed and developed it in 1968.

<span class="mw-page-title-main">Bhogilal Pandya</span>

Bhogilal Pandya (1904-1981) was a freedom fighter and social worker from Dungarpur in the Indian state of Rajasthan. On 3 April 1976, the Government of India awarded him the Padma Bhushan for his social services. The Padma Bhushan is the third-highest civilian award in the Republic of India, given for distinguished service to the nation. For his championing of education and rights for the poor and underprivileged, he is referred by the people of Rajasthan as "Gandhi of Vahgad". His home is in the Gandhi aashram area of Dungarpur.

Narayandas Malkani (1890–1974) was a noted social worker and freedom fighter from Rajasthan state in India. He was an academic by profession. He was the eldest brother of K R Malkani. They hailed from Hyderabad, Sindh. He was conferred the Padma Bhushan award in 1973 by the Government of India. He was a member of Rajya Sabha for two terms.

Ashok Panagariya was an Indian neurologist, medical researcher and academic, known for his research on nerve cells and neuromyotonia. He was a vice chancellor of Rajasthan University of Health Sciences, Jaipur and a member of the Planning Board of the Government of Rajasthan. He was a recipient of the Dr. B. C. Roy Award, the highest Indian award in the medical category. Ashok Panagariya was awarded the fourth highest Indian civilian award of Padma Shri by the Government of India in 2014. He died on 11 June 2021 due to COVID-19 complications.

<span class="mw-page-title-main">Rajiv Mehrishi</span> Indian Administrative Service Officer

Rajiv Mehrishi was born on 8 August 1955 in Rajasthan. He was the 13th Comptroller and Auditor General of India (C&AG) and Vice Chairman of the United Nations Panel of External Auditors. He is a retired Indian Administrative Service (IAS) officer of the 1978 batch belonging to the Rajasthan cadre.

<span class="mw-page-title-main">Veerendra Raj Mehta</span> Indian social worker

Veerendra Raj Mehta was an Indian social worker, a former Joint Secretary to the Government of India, a trustee of Sir Dorabji Tata Trust and a former Senior Specialist of the Asian Development Bank in Manila, Philippines and a Consultant at the World Bank and the African Development Bank. He was the elder brother of Devendra Raj Mehta, a 2008 winner of Padma Bhushan and the founder of Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS), Jaipur, the makers of renowned Jaipur foot, where Veerendra Raj Mehta was also an honorary executive President.

Kanta Saroop Krishen is an Indian social worker and one of the founders of the Blood Bank Society, Chandigarh and the Indian Society of Blood transfusion and Immunohaematology. She is known to have worked for spreading the message of voluntary blood donation in India and is a recipient of the fourth highest Indian civilian award of Padma Shri for the year 1972 from the Government of India.

<span class="mw-page-title-main">Ravi Kannan R</span> Indian oncologist

Ravi Kannan R is an Indian surgical oncologist, based in Assam. He is the director of Cachar Cancer Hospital and Research Centre (CCHRC), Silchar, a nonprofit hospital, that provides free cancer treatment. He is the former Head of Department of surgical oncology at Adyar Cancer Institute in Chennai. He is a recipient of Padma Shri, one of India's highest civilian honours, and the Ramon Magsaysay Award, the highest award in Asia.

References

  1. Archived 5 January 2011 at the Wayback Machine
  2. Kapila, Raj; Kapila, Uma, eds. (1999). Economic Developments In India : Monthly Update, Volume -16 Analysis, Reports, Policy Documents. Academic Foundation. ISBN   978-81-7188-158-1.
  3. Goel, Rajiv (25 February 2002). "The man behind the facade". The Economic Times. ISSN   0013-0389 . Retrieved 11 April 2024.
  4. "Indiatimes Seminars: Speakers — D. R. Mehta". Seminars.indiatimes.com. 25 June 1937. Retrieved 4 August 2012.
  5. "Jaipur Foot". Embajadaindia.org. Archived from the original on 8 March 2012. Retrieved 4 August 2012.
  6. [ dead link ]
  7. "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2015. Archived from the original (PDF) on 15 October 2015. Retrieved July 21, 2015.
  8. "Other States / Rajasthan News : US award for D. R. Mehta". The Hindu . 13 November 2007. Archived from the original on 16 November 2007. Retrieved 4 August 2012.

Shri Prabhat Kumar is a part of the selection jury in Mahaveer Awards presented by Bhagwan Mahaveer Awards [1]