Padma Vibhushan Prof. Vijayendra Kasturi Ranga Vardaraja Rao, an eminent economist and government official, was born on 8th of July, 1908 at Kancheepuram in Tamil Nadu. He was educated at Wilson College, Bombay and latter at Gonville and Cauis College, Cambridge. He taught at Annamalai University in Tamil Nadu and at L.D. Arts College, at Ahmedabad in Gujrat, before arriving in Delhi as the first Professor of Economics at the University. The best years of his life were spent in Delhi serving in many capacities as civil servant, academician, founder Director of Delhi School of Economics (1942-1957) and the Institute of Economic Growth (1960-1963), Vice-Chancellor, University of Delhi (1957-1960), Member of the Planning Commission and finally as Cabinet Minister. During his directorship of Delhi School of Economics, the Department of Business Administration and Industrial Management of the University of Delhi (now known more widely as Faculty of Management Studies -FMS), came into existence in 1954. Prof. Rao occupies an outstanding place in the history of Indian Economic Thought and in the development of the Economic Profession in the country. He became the most articulate and influential economist of India and played an equally important role outside India to make the external environment favourable for the growth of developing countries. Prof. V.K.R. V. Rao's achievements were widely recognised. Government of India awarded him Padma Vibhushan in 1974 and appointed him as National Professor in 1984. He spent final years of his life in Bangalore, where he established the Institute for Social and Economic Change and continued to work almost to the end of his life. A firm believer in Swami Vivekananda, he ventured to give a name "Vedantic Socialism" to his philosophy. At the age of 83, Prof. Rao passed away on 25th of July, 1991 at his 'Dayanidhi' residence in Bangalore. The Community of Social Scientists will always remember him for what he did for them, for India and the world.

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V.K.R.V. Rao Hostel is for Boys only and there are 65 rooms available for their residence

M.Phil./ Ph.D. students are eligible for admission to this hostel.