Prominent but at times controversial Indian Economist Bibek Debroy, chairman of the PM’s Economic Advisory Council, passed away at 69. Known for his contributions to Indian economic policy and intellectual discourse, Debroy’s passing will profoundly impact the academic and policy-making community in India. He had been admitted to AIIMS, where he passed away.
Dr. Debroy’s career spanned several decades, during which he served in many key positions. In addition to his role as chairman of the PM’s Economic Advisory Council, Debroy held significant academic posts, including the Chancellor of the Gokhale Institute of Politics and Economics (GIPE) in Pune. He stepped down from this position in September after the Bombay High Court granted interim relief to Vice-Chancellor Ajit Ranade, who had been previously dismissed. Debroy’s departure from GIPE marked the end of an era for the institution, where he was respected for his intellectual rigour and leadership.
Prime Minister Modi expressed his condolences, calling Dr. Debroy a “towering scholar” whose work encompassed a broad spectrum of disciplines, from economics and history to culture and spirituality. Prime Minister Modi noted that Debroy’s contributions went beyond public policy, as he was also dedicated to making India’s ancient texts accessible to younger generations. This endeavour reflected Debroy’s belief in merging India’s rich cultural heritage with contemporary intellectual pursuits, a vision he championed throughout his life.
External Affairs Minister S. Jaishankar also paid tribute to Debroy, remembering him as a “dedicated reformer, great nationalist, and an erudite scholar.” Jaishankar highlighted Debroy’s pivotal role in policy-making and governance, noting his efforts to connect India’s heritage with modern generations through his vast knowledge and scholarly works.
Educated at prestigious institutions like Presidency College, Kolkata, Delhi School of Economics, and Trinity College, Cambridge, Dr. Debroy began his career as a professor at Presidency College. He held influential positions at the Indian Institute of Foreign Trade, Delhi, and the Ministry of Finance. As a member of NITI Aayog until June 2019, he contributed to several key policy initiatives. Known for his prolific writing, Debroy authored and edited numerous books, research papers, and popular articles, many of which brought economic and cultural discussions to the forefront of public debate.
Bibek Debroy’s passing marks a significant loss for India’s intellectual community. He leaves behind a legacy of scholarly rigour and a commitment to national development. His work will continue to inspire generations of economists, historians, and policymakers.
