Dr. Bibek Debroy, a prominent economist and head of Prime Minister Modi’s Economic Advisory Council, passed away at the age of 69. Dr. Debroy was instrumental in shaping policies and reforms across various sectors, including economic growth, infrastructure, and finance, particularly as head of the Ministry of Finance’s Amrit Kaal Infrastructure and Financial Architecture Expert Committee.
Visionary Economist and Policy Reformer
Dr. Debroy was known for his visionary approach to economic development, with expertise spanning legal reforms, railway restructuring, and economic policies aimed at inclusive growth. His contributions in these fields were profound, establishing him as one of India’s leading economic minds, recognized for his analytical prowess and insightful sense of humor.
Academic Background
He began his education at Ramakrishna Mission School in Narendrapur, completed further studies at Presidency College in Kolkata, the Delhi School of Economics, and pursued postgraduate studies at Trinity College, Cambridge. Dr. Debroy’s academic background laid the foundation for his distinguished career in economics and public policy.
Role in NITI Aayog and National Economic Growth
Serving as a member of NITI Aayog from January 2015 to July 2019, Dr. Debroy played a critical role in policy formation and implementation under the Modi administration. For his invaluable contributions to India’s economic development, he was honored with the Padma Shri in 2015, followed by a Lifetime Achievement Award at the U.S.-India Business Summit the following year.
Advisor and Reformer in Economic Affairs
Dr. Debroy held an advisory role in the Ministry of Economic Affairs, working alongside the Ministry of Finance and UNDP to promote economic globalization reforms. His efforts to restructure economic laws and frameworks significantly impacted India’s economic landscape.
Contributions to Indian Railways
As head of the Indian Railways Restructuring Committee, Dr. Debroy’s recommendations were pivotal in the development of initiatives like the Vande Bharat Express and the introduction of bullet trains in India, symbolizing transformative changes within Indian Railways.
Translator and Cultural Scholar
Apart from economics, Dr. Debroy was a respected translator and cultural scholar. He translated several ancient Sanskrit texts, including the Mahabharata, Ramayana, and the Bhagavad Gita, making these timeless epics accessible to contemporary audiences. He was also the host of the “Itihaas” program on Sansad TV, where he shared insights into India’s rich cultural heritage.
Literary Pursuits
A lover of literature, Dr. Debroy authored “The Book of Limericks,” which humorously tackled political and economic themes. His work as an author, editor, and columnist for several economic and finance publications demonstrated his intellectual diversity, spanning economics, culture, history, spirituality, and politics.
Legacy and Tributes
Dr. Bibek Debroy’s multifaceted legacy extends beyond economics to literature, culture, and spirituality. Leaders and intellectuals across the nation, including Prime Minister Modi, have expressed condolences for his passing. Dr. Debroy’s work and contributions have left a lasting impact on India’s economic and cultural heritage.
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