Chandrashekhar
I PERSONAL INFO
Chandrashekhar Govind Agashe (14 February 1888 – 9 June 1956) was an Indian industrialist, lawyer, educator, and philanthropist, best remembered as the founder of the Brihan Maharashtra Sugar Syndicate Ltd. He served as the managing agent of the company from its inception in 1934 till his death in 1956. Born to an aristocratic brahmin family in the Indian princely state Bhor State, he was an educ...
Chandrashekhar Govind Agashe (14 February 1888 – 9 June 1956) was an Indian industrialist, lawyer, educator, and philanthropist, best remembered as the founder of the Brihan Maharashtra Sugar Syndicate Ltd. He served as the managing agent of the company from its inception in 1934 till his death in 1956. Born to an aristocratic brahmin family in the Indian princely state Bhor State, he was an educator and lawyer in his youth, before going on to serve as the president of the Bhor State Council from 1934 to 1948, having previously been the council's vice president from 1933 to 1934, the council's secretary from 1932 to 1933, and the chief justiciar of the Indian princely state from 1920 to 1932, first under the 10th Raja of Bhor and then the 11th Raja of Bhor. Throughout his career, Agashe wrote extensively in the Kesari, and was a founding member of the Mahratta Chamber of Commerce, Industries and Agriculture. His numerous public addresses, written notices, and missives as part of his fundraising activities for the syndicate came to be known as the Agashe pattern, a means of equity crowdfunding, among businesses and press in Maharashtra between 1934 and 1956. Remembered for his philanthropy towards education in Maharashtra, Agashe donated extensively to the Deccan Education Society, the Bhandarkar Oriental Research Institute, and the Maharashtra Mandal. He also served as one of the co-vice presidents of the Bharat Itihas Sanshodhak Mandal from 1953 to 1955, alongside Bhagwant Rao Trimbak, Raja of Aundh and Sadashivrao Ragunathrao, Raja of Bhor, during the presidency of Malojiraje Nimbalkar IV, Raja of Phaltan. The Chandrashekhar Agashe College of Physical Education, the Chandrashekhar Govind Agashe Business Motivation & Training Centre at the Brihan Maharashtra College of Commerce, the Chandrashekhar Agashe Museum wing at the Raja Dinkar Kelkar Museum, the Chandrashekhar Agashe Road in Shaniwar Peth, Pune, and the Chandrashekhar Agashe High School in Shreepur, are named after him. Biography Early life and family: 1888–1914 Agashe was born on 14 February 1888 at the Velhe Mahal in the town of Bhor, at the time part of the Bhor State in present-day Maharashtra. He was the eldest of four children to Govind Agashe and Radhabai Agashe (née Bhimabai Bapat). His family was Chitpavan brahmin, and was established since the 1590s as the aristocratic Agashe gharana of the village of Mangdari in the Bhor State. The family was traditionally occupied as the savkars (money lenders/bankers) and pseudo-hereditary chief justiciars under the Pantsachiv Kings of the Kingdom, and thus owned majority of the land in the village as vassals to the Pantsachiv rulers, where they continued the traditional family businesses of money lending and tenanted farming. Agashe's father, when serving as the chief justiciar, was the only Brahmin savkar at the royal court of Bhor at the time of his birth. Agashe's maternal family were members of the aristocratic Bapat gharana of Kalyan, having settled a branch of the original family in Junnar in 1698, traditionally occupied as the chieftains of the town. His mother was the fourth daughter of Junnar's hereditary mamledar, Ramchandra Bapat (b.1828, at Kamshet), who worked as a case historian and published several historical cartographs of old Pune after he was appointed the Karbhari of Tulsi Baug by the Sardar Khire (Tulsibaugwale) family in Pune. After his father's death in 1899, Agashe was meant to inherit the ancestral estate at age 11; but due to his youth, his paternal relatives unlawfully seized the lands, and ousted Agashe's mother and her children from the family home. She relocated the family to her parents' residence in Shaniwar Peth, Pune in 1900. The loss of the family's estate, made Agashe accept secretarial work at the Indian Post Office to support himself and his siblings through school. Later, he was left the Omkareshwar Mandir in Shaniwar Peth in the former owner's will. Agashe attended the Nutan Marathi Vidyalaya, matriculating in 1905 at the age of 17, and later graduated with a Bachelor of Arts from Fergusson College in 1914, at the age of 26. In 1914, Agashe married Dwarka Gokhale, the eldest daughter of Narayan Gokhale from the aristocratic Gokhale gharana of Dharwad. Her family had served as the hereditary royal saraf (jewellers) to the Peshwa Bhat family since the 18th century. She was a great niece of Bapu Gokhale, a general under Peshwa Baji Rao II of the Maratha Empire. She adopted the name Indirabai Agashe after marriage, and the couple had a total of eleven children (including sons Jagdish "Panditrao" Agashe and Dnyaneshwar Agashe, and daughter Shakuntala Karandikar), from which nine survived to adulthood. Career as an Educator, Lawyer and the Bhor State Council: 1914–1948 From 1914 to 1917, Agashe taught mathematics at the Nutan Marathi Vidyalaya in Pune, after which he was occupied as a visiting professor at a convent school in Karachi. From 1917 to 1926, Agashe worked as an educator in Mumbai, while he pursued the study of law, graduating with an L.L.B from the Government Law College, Mumbai in 1919. He began practicing his advocacy in Pune and was a lawmaking advisor to the Bhor State government. Between 1920 and 1932, Agashe was appointed the Chief Justiciar at the royal court of Shankarrao Chimnajirao, 10th Raja of Bhor (r. 1871 – 1922), continuing to serve under his successor Raghunathrao II Shankarrao, 11th Raja of Bhor (r. 1922 – 1948). Agashe encountered political unrest between the commoners and the gentry at the Pantsachiv's court resulting in violent rioting from the common-folk of the Bhor State. Agashe co-wrote an opinion piece against this political factionalism with Narasimha Chintaman Kelkar in the newspaper Kesari. With the permission of the king, he soon established a Lokpaksh for carrying out fair trial at the royal court to resolve conflicts. The discouraging response to the Lokpaksh from the Pantsachiv's subjects led Agashe to consider retiring from law in the late 1920s. Upon attending a speech by Bal Gangadhar Tilak, Agashe and his family began practicing the principles of the Swadeshi movement and started considering entrepreneurial ventures as a means to participate in the Indian independence movement in Maharashtra. Agashe supported several Indian freedom fighters, including Lokmanya Tilak and Vinayak Damodar Savarkar, but never considered entering politics himself; his younger brother, Narayan Agashe actively participated in politics surrounding the Indian independence movement, serving a brief prison time for rioting against the British Raj in the early 1930s, before aiding his elder brother in his business venture. Around this time, he also become an early subscriber to Savarkar's Hindu Rashtra Prakashan organisation. In 1932, Agashe was appointed as the Secretary of the Bhor State Council, and in under a year, he was elected to the post of Vice President in 1933, and then the President of the council in 1934, a post he maintained until the accession of the state into the Dominion of India in 1948. During the time of his vice presidency, the unrests and disagreements between the royal court and the commoners of the princely state continued. Several legislations Agashe helped bring forth in favour of the commoners were opposed by the gentry, resulting in growing involvement from the Deccan States Agency. In April 1932, Agashe, in his capacity as editor-in-chief of the daily newspaper Sansthani Bharat on behalf of the Bhor State, wrote an article congratulating the 11th Raja of Bhor on his swift action in the reorganisation of the state's previously poorly-advised administration. In March 1933, Agashe also visited Mahatma Gandhi when he was imprisoned at Yerawada Central Jail in Pune. In June 1933, in an oratory address to Lieutenant-general Harold Wilberforce-Bell, the Agent to the Governor-General of India for the Deccan States Agency in Kolhapur at the time, Agashe put to rest the concerns of any mismanagement of the state and the success of the Lokpaksh in resolving any agitation between the subjects and the nobility of the state. He further referenced how the state and the 11th Raja's administration had performed in line with Lord Irwin's recommendations for the governments of Indian princely states. In the same address, Agashe also encouraged the Deccan States Agency to name the bridge over the Nira River in Bhor after the 11th Raja's extant second wife, Rani Laxmibai. In August 1947, Agashe, in his capacity as President of the Bhor state council, feted the 11th Raja of Bhor on the occasion of the Raja's silver jubilee alongside B. G. Kher, Vaikunthbhai Mehta, Ganesh Vasudev Mavalankar, Hari Govindrao Vartak, and Raja Chintamanrao II "Bala Sahib" Patwardhan of Kurundvad Senior. Agashe and Narasimha Chintaman Kelkar were further presented with the robes of the state of Bhor at the ceremony. In March 1948, a photograph of Agashe's was unveiled by the 11th Raja of Bhor during a state visit to Pali, Raigad. That same month, Agashe served as one of the pleaders who declared the 11th Raja's resolution to accede the Bhor State into the Dominion of India as progressive and liberal in nature. During Agashe's later presidency, he provided financial encouragement and legal counsel to small and new business owners in Maharashtra, and used his legal acumen to seize back the family's lost estates in Mangdari from his paternal relations. The Brihan Maharashtra Sugar Syndicate Ltd.: 1934–1956 Earlier in 1933, the Governor of Bombay, The Lord Brabourne promoted the production of indigenous sugar, having had increased the import tax on the commodity shipping in from Mauritius. This enabled Agashe to found the Brihan Maharashtra Sugar Syndicate Ltd. on 21 September 1934, as a limited liability company after two years of crowd-funding campaigns, with funds collected from among the Maharashtrian middle classes. Prior to the syndicate's establishment, Agashe had aided Atmaram Raoji Bhat in the establishment of the Mahratta Chamber of Commerce in March 1934; and further guided the Chamber to pass legislation along with the Government of Mumbai for mandatory government aid for all Maharashtrian factory based businesses. His actions in founding the factory, were retrospectively considered as patriotic and philanthropic toward the commoners of Maharashtra, drawing comparisons to the Kalyani Group. Between 1934 and 1936, Agashe envisioned opening a factory branch of the Syndicate in his hometown of Bhor, and began cultivating 2,000 acres of land for the plantation of sugar cane. Plans for the factory were shot down after Agashe met with strong opposition from the local landed gentry. In 1935, he began employing tenanted farmers of the local gentry and independent farmers as producers or transportation workers of the sugar cane for the syndicate in the village of Bhorgaon. By 1936, he had licensed or purchased 12,000 acres of farm land to support the syndicate, being lauded for reviving the local economy and consequently receiving further land grants from bankers in Akluj and several politicians in the Bhor State. During this period, with Agashe being a brahmin, the syndicate received opposition and resentment from local Maratha politicians. After Agashe established the syndicate's headquarters at the Commonwealth Building on Laxmi Road, the Mahratta Chamber of Commerce declared the sale of 300,000 shares of the syndicate, with the first share going at Rs. 25 in January 1935. Between 1935 and 1937, Agashe toured several states and jagirs within the Deccan States Agency, promoting the syndicate at several village gram panchayats. Upon going public, Agashe was supported by the Kesari newspaper with public relations and received financial encouragement from the newly established Bank of Maharashtra. Agashe's mode of operation and rallying for investment or sales of shares, was popularly regarded as the Agashe pattern among
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