Renowned economist, author, and member of the UK House of Lords, Lord Meghnad Desai passed away on Tuesday at the age of 85, leaving behind a rich legacy of scholarship, public service, and enduring contributions to India-UK relations.
Born in 1940 in Vadodara, Gujarat, Meghnad Jagdishchandra Desai studied economics at the University of Mumbai, earning both his Bachelor’s and Master’s degrees. He went on to pursue a PhD in economics at the University of Pennsylvania, completing it in 1963.
Lord Desai began teaching at the London School of Economics (LSE) in 1965, where he remained until 2003 before being named Professor Emeritus. Over a distinguished academic career spanning more than six decades, he made pioneering contributions to Marxian economics, economic development, and globalisation, and published more than 200 academic papers and eight books, including Marxian Economic Theory, Marx’s Revenge, The Rediscovery of India, and Who Wrote the Bhagavad Gita?
In 1991, Desai was appointed to the House of Lords, becoming the first Indian-origin peer from the Labour Party. Known for his intellectual independence and fearless commentary, he remained an influential voice in both policy and academic circles. He was also an honorary associate of the UK’s National Secular Society, reflecting his secular and humanist beliefs.
In India, he founded the Meghnad Desai Academy of Economics in Mumbai, mentoring future economists and thinkers. He also played a prominent role in cultural diplomacy, most notably in helping install the statue of Mahatma Gandhi at Parliament Square in London, a symbol of India-UK solidarity.
Prime Minister Narendra Modi expressed grief, writing on X:
“Anguished by the passing away of Meghnad Desai, a distinguished thinker, writer and economist. He always remained connected to India and Indian culture. He also played a role in deepening India-UK ties. Will fondly recall our discussions, where he shared his valuable insights. Condolences to his family and friends. Om Shanti.”
British High Commissioner to India Lindy Cameron and Deputy High Commissioner Christina Scott also paid tribute, calling him a “passionate advocate for UK-India ties and a cherished friend.”
The High Commission of India in London described Desai as
“a teacher, scholar, thought leader and great advocate of the enduring friendship between India and the UK.”
“Lord Desai’s work will be cherished by generations of diplomats, scholars and thought leaders in both countries. His role in the installation of a statue of Mahatma Gandhi at Parliament Square in London ensures that his legacy will endure,” the High Commission stated in a post on X.
(With inputs from IANS)