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Viharidas Gopaldas Patel, noted economist and ‘Father of Entrepreneurship Movement’ in India, passed away here on Thursday after a brief illness. He was 79.
In 2017, the Government of India had decorated him with a Padma Shri for his contribution to the entrepreneurship movement.
Known for his passionate role in entrepreneurship movement, small industry policies and growth management, Patel had set up the Entrepreneurship Development Institute of India (EDII) in Ahmedabad in 1983 to work for potential and existing entrepreneurs. EDII is now a globally-recognised institution in this field.
Patel’s work towards inclusion of entrepreneurship in the formal education system, sensitisation of support system, and entrepreneurship research has been widely recognised. The Government of India incorporated his EDP approach as part of its self-employment schemes.
He had also served as the Chief Economic Advisor to the Gujarat Industrial Development Corporation and as Managing Director of the Gujarat Industrial and Technical Consultancy Organisation Ltd.
Patel has authored several books and among them The Seven Business Crisis & How to Beat Them (reissued as When the Going gets Tough ) was a best seller. Equally acclaimed were Managing India's Small Industrial Economy and Entrepreneurship Development Programme in India and its Relevance to Developing Countries.
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