
Sir Perungavur Rajagopalachari
Member of the Council of India · India Office / Council of India
Sir Perungavur Rajagopalachari was a distinguished Indian administrator, civil servant, and cooperative movement pioneer. Educated at Presidency College and Law College, Madras, he joined the Madras Civil Service in 1886 and later served as Dewan of Cochin and Travancore. Following the enactment of the Co-operative Credit Societies Act of 1904, he was appointed the first Registrar of Co-operative Societies for the Madras Presidency. He drafted standardized bylaws for Primary Agricultural Co-operative Credit Societies (PACS) and established standard accounting ledgers to protect tenant farmers from predatory moneylenders. To anchor localized societies, he founded the Madras Central Co-operative Bank in 1905 (now Tamil Nadu State Apex Co-operative Bank). He later became the first President of the Madras Legislative Council (1920–1923) and a member of the Council of India in London.
Cooperative sector involvement
First Registrar of Co-operative Societies
Department of Co-operative Societies, Madras Presidency
Travelled extensively through rural tracts to establish the administration of the 1904 Act. Drafted standard model bylaws and ledger systems for primary agricultural credit societies (PACS), shielding small farmers from usurious moneylenders.
Chief Institutional Planner & Founder
Madras Central Co-operative Bank (now TNSC Bank)
Designed and registered the central financial anchor for localized credit societies to rebalance liquidity surpluses and deficits, forming the bedrock of Tamil Nadu's three-tier cooperative banking framework.
Career & education
- Presidency College, Madras1881
- Law College, Madras1885
Notable roles & positions
Dewan of Travancore
Princely State of Travancore
Headed the civil government of Travancore, driving agricultural development, administrative efficiency, and public financial management.
First Registrar of Co-operative Societies
Department of Co-operative Societies, Madras Presidency
Established and organized the administration for primary agricultural credit societies (PACS) across South India under the Co-operative Credit Societies Act of 1904.
Contributions & impact
Pioneering Administration of Co-operative Societies
1904As the first Registrar of Co-operative Societies in the Madras Presidency, he traveled extensively across rural districts to establish primary credit societies, drafting standardized bylaws and accounting practices to protect tenant farmers from predatory moneylenders.
Notable works
Drafted and enacted the historic first legislation for cooperative societies in the princely state of Travancore, laying the statutory framework for the modern cooperative network in present-day Kerala.
Authored the inaugural set of model bylaws and standardized record-keeping manuals that governed the registration, liability structures, and credit distribution of primary agricultural credit societies (PACS) across Madras Presidency.
Achievements
First Indian President of the Madras Legislative Council
1920Appointed as the first President of the expanded Madras Legislative Council under the Montagu-Chelmsford Reforms, leading early legislative proceedings and parliamentary governance.
Creation of the Madras Central Co-operative Bank
1905Designed and registered the Madras Central Co-operative Bank (now Tamil Nadu State Apex Co-operative Bank), creating a centralized liquidity hub that anchored the region's three-tier cooperative banking structure.
Foundation of the Cooperative Credit System in Madras
1904Successfully operationalized the Co-operative Credit Societies Act of 1904 across Southern India, establishing hundreds of primary agricultural credit societies (PACS) and standardizing ledger-keeping to protect farmers from predatory moneylenders.
Awards & honors
Knight Commander of the Order of the Star of India (KCSI)
1920Conferred in the 1920 New Year Honours for distinguished public service in economic governance, cooperative administration, and state financial restructuring.
Companion of the Order of the Indian Empire (CIE)
1909Awarded in recognition of administrative efficiency as Dewan of Travancore and the First Registrar of Co-operative Credit Societies in the Madras Presidency.