The Deccan College, Post-Graduate and Research Institute, Pune is the third oldest Educational Institute in India. The Hindoo College was started on 6th October, 1821 by the Bombay Presidency Government at the initiative of its Governor, Mountstuart Elphinstone by using the Dakshina Fund, which was started by Khanderao Dabhade, a Maratha Sardar and continued by the Peshwas for propagating Sanskrit studies.
This College grew from strength to strength and has emerged as a foremost Institute in the world of higher learning and research. It was renamed as the Poona College on 7th June, 1851 and later as the Deccan College in October 1864. The Deccan College was shifted to the new campus covering an area of 115 acres near Yerawada on 23rd March 1868. With the help of a muneficent grant of Rs. 1 lakh donated by Sir Jamsetji Jejeebhoy, the main building of the College was built in beautiful Gothic architecture. The Deccan College has, since then, produced a galaxy of students who rose to positions of excellence in various walks of life. They include Sir Ramlkrishna Gopal Bhandarkar, the celebrated Indologist, Lokmanya Bal Gangadhar Tilak, the great nationalist leader, Gurudev Ramchandra Dattratreya Ranade, the eminent philosopher, Gopal Ganesh Agarkar, the great social reformer, Vishwanath Kashinath Rajawade, the famous historian, Dr. Dwarkanath Kotnis, the famous Indian medical practitioner who rendered yeoman service in China, etc.
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