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Renowned Economist Amiya Bagchi Passes Away

Professor Amiya Kumar Bagchi passed away on November 28 due to age-related health complications. He was 88 years old.

  • He is survived by two daughters.
  • Professor Bagchi was a towering Marxist economist specialising in economic history and the political economy of India.
  • He was a brilliant student right from his college days. He topped the University of Calcutta in the master of arts examination.
  • He then went on to do a PhD in economics from the University of Cambridge.

More about Amiya Kumar Bagchi

Amiya Kumar Bagchi was an Indian political economist. He started teaching in Presidency College, Kolkata. In the 1960s, he taught in the Faculty of Economics in Cambridge, but resigned his post in 1969, to resume his academic career in Presidency College, Kolkata. In 1974 he joined the newly founded Centre for Studies in Social Sciences, Calcutta.

Bagchi was specialised in the history of Indian banking and finance, and acted as Official Historian of the State Bank of India (SBI) from 1976 to 1998. After retiring as Reserve Bank of India professor from the Centre for Studies in Social Sciences, Calcutta in 2001, he became the founder-director of the Institute of Development Studies, Kolkata.


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