Renowned Economist and Author Meghnad Desai Passes Away at 85
The world of economics and literature mourns the loss of Lord Meghnad Desai, the eminent Indian-born British economist, author, and peer, who passed away at the age of 85. Known for his sharp intellect, independent views, and lasting contributions to academia and public life, Desai leaves behind a rich legacy that bridged India and the United Kingdom in unique ways.
Meghnad Desai was born in Vadodara in 1940. His academic brilliance took him to the University of Pennsylvania, where he earned a PhD in Economics in 1963. Two years later, he moved to London, beginning his association with the London School of Economics (LSE) as a lecturer. Over the decades, he rose to become a professor and later a professor emeritus, mentoring generations of students and shaping global debates on economics.
In 1991, Desai was nominated to the House of Lords as a Labour Party peer, becoming one of the most prominent Indian-origin figures in British politics. However, in 2020, he resigned from the Labour Party citing its failure to address antisemitic racism, continuing as a crossbench peer.
His contributions went beyond academia and politics—he played a pivotal role in strengthening India-UK ties and served as a bridge between cultures. Recognizing his contributions, the Government of India awarded him the Padma Bhushan in 2008.
As the founder-trustee of the Gandhi Statue Memorial Trust, Desai spearheaded efforts to raise funds for the Mahatma Gandhi statue at Parliament Square, London, which was inaugurated in 2015 by then British Prime Minister David Cameron. This initiative became a symbol of India-UK friendship and a testament to his vision of cultural diplomacy.
Miss World 2026 crown gone to Joheirry Mola, representing the Dominican Republic. She won the…
Malaysia has placed the district of Serian in the state of Sarawak in an emergency…
Nvidia has entered into a deal to buy Hugging Face for $12.93 billion, signifying a…
The foreign exchange reserves of India have surged $11.475 billion to reach an all-time high…
Ig Nobel Prize 2026 once again honored scientific research that might seem odd at first…
Teachers’ Day 2026 offers a chance to honor those teachers who influence our thought process,…