Well-known economist and former Governor of Maharashtra and Goa Mohammed Fazal passed away at his residence in his home town of Allahabad in the early hours of today.
He was 92. He passed away in his sleep around 1.30 am today, reports reaching here said, quoting members of his family. The funeral is slated to be held later in the day.
Mr Fazal, a former Member of the Planning Commission, served as the Governor of Goa from November 26, 1999 till October 10, 2002, when he took over as the Governor of Maharashtra, a post he held until December 5, 2004.
Born on July 2, 1922 into an affluent family of landlords, Fazal graduated from the Allahabad University and went to the London School of Economics and Political Science for his post-graduation.
Fazal had a distinguished career in both the private and public sector, and was appointed as Secretary, Department of Industrial Development before serving as Member of the Planning Commission from 1980-85.
After he reigned from the Government in 1985, Mr Fazal held several positions in private industries as Executive Chairman of an Indo-American joint venture. In addition, he was Director of an internationally known consultancy firm and adviser to a Japanese consultancy firm.
He also served as president or chairman of various organisations and professional bodies. He was Member of the National Defence Advisory Board of the Government of India from December 1998 to November 1999.
Prime Minister Narendra Modi was amongst those who condoled the passing away of Fazal. He recalled Fazal's contribution to public life and prayed that his soul might rest in peace.