New Delhi: Noted economist and chairman of the Economic Advisory Council to the Prime Minister (EAC-PM) Dr Bibek Debroy died on Friday. 


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Debroy, 69, was earlier a member of the NITI Aayog and has held positions at prestigious institutions including the Centre for Policy Research and the National Council of Applied Economic Research.


PM Modi, condoling Debroy's death said that the prominent economist  has “left an indelible mark on India’s intellectual landscape.” 


"Dr Debroy 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,” the Prime Minister posted on X social media platform.



“I have known Dr Debroy for many years. I will fondly remember his insights and passion for academic discourse. Saddened by his passing away. Condolences to his family and friends. Om Shanti,” PM Modi added.


Prior to joining the NITI Aayog (then called Planning Commission), Bibek Debroy served as the Chairman of the Railways Ministry's high-powered committee on restructuring the country's lifeline.


In 2015, the veteran economist was awarded a Padma Shri. A year later, the US-India Business Summit awarded Debroy with the Lifetime Achievement Award.


Debroy studied at Kolkata's Presidency College and Delhi School of Economics, and went to the University of Cambridge on a Trinity College scholarship. There, he met his then supervisor, Frank Hahn, a noted British economist and under Hahn’s guidance, he worked on integrating information into a general equilibrium framework.


With IANS Inputs