Finance Minister Nirmala Sitharaman with economist Bibek Debroy. File
| Photo Credit: X/@nsitharaman

Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council, died on November 1, 2024, aged 69. The news of the death of the economist, author and professor drew condolences and tributes from Ministers, politicians and others from his field.

Prime Minister Narendra Modi and President Droupadi Murmu were among those who paid tribute to the former member of the NITI Aayog.

Narendra Modi

“Dr. Bibek Debroy Ji was a towering scholar, well-versed in diverse domains like economics, history, culture, politics, spirituality and more. Through his works, he left an indelible mark on India’s intellectual landscape. Beyond his contributions to public policy, he enjoyed working on our ancient texts, making them accessible to the youth,” wrote Mr. Modi.

President Droupadi Murmu

President Droupadi Murmu said the country has lost an eminent public intellectual in the demise of Bibek Debroy.

“In the demise of Dr. Bibek Debroy the country has lost an eminent public intellectual who enriched diverse fields, from policy making to translating our great scriptures. His understanding of India’s social, cultural and economic landscape was exceptional. For his extraordinary contributions, he was honoured with Padma Shri. I convey my condolences to his family, friends and admirers,” Ms. Murmu said in a post on X.

Nirmala Sitharaman

Finance Minister Nirmala Sitharaman noted that Debroy “profusely participated in policy making”.

“It is with profound grief that I condole the demise of Shri Bibek Debroy. As Chairman of PM Economic Advisory Council, he profusely participated in policy making. His interests, inter alia, were—ancient texts, Vedic and classical Sanskrit, Devi, Railways. He was prolific in translating Sanskrit to English- our epics and puranas. His book Sarama and Her Children showed his uncanny knack in extracting nuggets from our ancient texts. Bibek, you had so much more to do and to complete— for all our sake!” wrote Ms. Sitharaman.

Amit Shah

Home Minister Amit Shah called him a “scholar with unparalleled versatility”.

“Deeply pained by the demise of Bibek Debroy Ji, Chairman of the Economic Advisory Council to the PM. Debroy Ji was a scholar with unparalleled versatility who made prolific contributions to the fields of economics, history, and philosophy. He will always be remembered for his distinguished contributions to Bharat’s development journey,” wrote Mr. Shah.

Dharemendra Pradhan

Union Minister Dharemendra Pradhan also shared his admiration of Debroy on the news of his passing.

“Deeply saddened by the passing of Dr. Bibek Debroy. He was a distinguished economist, a prolific author as well as an excellent academician. He will be admired for his policy guidance on economic issues and noteworthy contributions to India’s development. His columns in newspapers enriched and enlightened millions. Dr. Debroy leaves behind a lasting legacy in the world of economics, academia and literature. My sincere condolences to his family and friends,” wrote Mr. Pradhan.

Jairam Ramesh

Congress leader Jairam Ramesh said that Mr. Debroy was “always thought-provoking, commentator in the media on public issues going well beyond economics”.

“A man of unusually wide-ranging interests, Bibek Debroy was first and foremost a fine theoretical and empirical economist who worked and wrote on various aspects of the Indian economy. He also had a special skill for lucid exposition, in a manner that would make laypersons easily understand complex economic issues. Over the years, he has had numerous institutional affiliations and he left his mark everywhere,” said Mr. Ramesh.

Sachin Chaturvedi

Sachin Chaturvedi, director general of the Research and Information System for Developing Countries or RIS mourned the passing away of “one of the tallest Indian economists of our times who was also a widely admired intellectual known for his authoritative contributions to India’s History, Philosophy and Cultural traditions”.

“RIS was fortunate to receive his guidance over the years. He was very recently with us and we reminisce the beautiful, inspiring and candid moments that he spent with us,” Mr. Chaturvedi said.

File picture of Bibek Debroy, chairman, Economic Advisory Council to the Prime Minster
| Photo Credit: PTI

Noted author and economist Bibek Debroy, who has been the Prime Minister’s Economic Advisory Council chairman since 2017, has passed away on Friday (November 1, 2024) at the age of 69.

Mr. Debroy was also a member of the Niti Aayog, which had replaced the erstwhile Planning Commission, till mid-2019, and had wide-ranging interests beyond economics. He was also a Sanskrit scholar who had translated the Bhagavad Gita, the Vedas, Puranas and Upanishads into English.

Prime Minister Narendra Modi condoled the death of Mr. Debroy on X, stating that “he left an indelible mark on India’s intellectual landscape”.

“Dr. Bibek Debroy Ji was a towering scholar, well-versed in diverse domains like economics, history, culture, politics, spirituality and more. Through his works, he left an indelible mark on India’s intellectual landscape. Beyond his contributions to public policy, he enjoyed working on our ancient texts, making them accessible to the youth,” wrote Mr. Modi.

Early years

After his schooling at Ramakrishna Mission School, Narendrapur, Mr. Debroy had studied at Presidency College, Kolkata, followed by the Delhi School of Economics and Trinity College, Cambridge. Starting with a teaching stint at his alma mater Presidency College, Mr. Debroy had worked at the Gokhale Institute of Economics and Politics in Pune, followed by the Indian Institute of Foreign Trade in the national capital.

The economist also spent a year with the Department of Economic Affairs in the Finance Ministry in the mid-1990s, but one of his longest serving roles was the directorship of the Rajiv Gandhi Institute for Contemporary Studies (RGICS) between 1997 and 2005.

At RGICS, the think-tank affiliated with the Rajiv Gandhi Foundation, a report steered by Mr. Debroy and published in 2005, had created a flutter in the first year of the Manmohan Singh-led UPA regime by naming Gujarat, then under Chief Minister Narendra Modi, as India’s top State on an index to measure economic freedom.

This had led to a protracted and heated debate on the Gujarat model of development, and amid unease in the Congress ranks over the report, Mr. Debroy eventually moved on to the Punjab Haryana Delhi Chamber of Commerce and Industry or PHDCCI.

Tributes pour in

Union Minister Dharemendra Pradhan also shared his admiration of Mr. Debroy on the news of his passing.

“Deeply saddened by the passing of Dr. Bibek Debroy. He was a distinguished economist, a prolific author as well as an excellent academician. He will be admired for his policy guidance on economic issues and noteworthy contributions to India’s development. His columns in newspapers enriched and enlightened millions. Dr. Debroy leaves behind a lasting legacy in the world of economics, academia and literature. My sincere condolences to his family and friends,” wrote Mr. Pradhan.

Congress leader Jairam Ramesh said that Mr. Debroy was “always thought-provoking, commentator in the media on public issues going well beyond economics”.

“A man of unusually wide-ranging interests, Bibek Debroy was first and foremost a fine theoretical and empirical economist who worked and wrote on various aspects of the Indian economy. He also had a special skill for lucid exposition, in a manner that would make laypersons easily understand complex economic issues. Over the years, he has had numerous institutional affiliations and he left his mark everywhere,” said Mr. Ramesh.