Age, Biography and Wiki

Asim Dasgupta was born on 29 October, 1945 in Calcutta, Bengal Presidency, British India, is an Indian economist and politician. Discover Asim Dasgupta's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 78 years old?

Popular As N/A
Occupation N/A
Age 78 years old
Zodiac Sign Scorpio
Born 29 October, 1946
Birthday 29 October
Birthplace Calcutta, Bengal Presidency, British India
Nationality India

We recommend you to check the complete list of Famous People born on 29 October. He is a member of famous economist with the age 78 years old group.

Asim Dasgupta Height, Weight & Measurements

At 78 years old, Asim Dasgupta height not available right now. We will update Asim Dasgupta's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Asim Dasgupta Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Asim Dasgupta worth at the age of 78 years old? Asim Dasgupta’s income source is mostly from being a successful economist. He is from India. We have estimated Asim Dasgupta's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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Timeline

1945

Dr. Asim Kumar Dasgupta (born 30 October 1945) is an Indian economist and politician.

He served as minister of finance and excise in the Left Front ministry in the Indian state of West Bengal.

1987

After taking over the charge as a minister of finance and excise from Ashok Mitra in 1987, he faced scathing criticism for his so-called 0-deficit budget.

He was elected to the West Bengal Legislative Assembly from Khardah in 1987, 1991, 1996, 2001 and 2006.

1990

The chief minister, Jyoti Basu, used to recommend him to the Chambers of Commerce as the "my US-trained finance minister who will listen to your new ideas" in the first days of liberalization in the 1990s.

As the chairman of the empowered committee on value-added tax (VAT), he masterminded the most ambitious tax reform in Indian history since the introduction of the first industry and trading taxes by the British in the early 20th century, by introducing the VAT.

2000

He was made the chairman of GST council by the NDA Govt in 2000.

Dasgupta admitted in an interview that 80% of the plan had been formulated under his tenure in the GST Council.

2011

He was the MLA of Khardaha constituency for twenty-four years until 13 May 2011, when he was defeated by FICCI secretary general Amit Mitra by a landslide 26,154 votes in the 2011 Assembly Election of West Bengal.

He was one of the 26 ministers who lost his seat this historic defeat of Communist Party of India (Marxist) led Left Front government.

He started his school life in Malda Zilla School and Then he earned his Undergraduate and Postgraduate Degrees in Economics from the University of Calcutta.

Thereafter he secured a doctorate (PhD) in economics from the Massachusetts Institute of Technology.

In his own words: My thesis supervisors were Robert Solow and Jagdish Bhagwati, but I had given my thesis to Prof (Paul) Samuelson to read and he not only agreed with it but also suggested some improvements.

He started his career as a college lecturer and retired as a professor of economics at the University of Calcutta, before moving on to a career in politics.

He resigned from the chairmanship in 2011.

In 2011 he lost to Amit Mitra at Khardah.

2014

In the General elections of 2014, he contested from Dum Dum, West Bengal but lost to Saugata Roy of TMC.

2017

GST was finally implemented on 1 July 2017.

He is referred to as the architect of India's GST.