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{{Short description|Indian politician}}
{{Use Indian English|date=August 2021}}
{{Use dmy dates|date=August 2021}}
{{Infobox Indian politician
| image = Debi_Prasad_Pal.jpg
| caption = Pal in 2010
| honorific-prefix = Dr.
| name = Debi Prasad Pal
| office = Former Union Finance Minister<br /> [[Government of India]]
|term_start = 7 January 1995
|term_end = 22 May 1996
|predecessor =
|successor =
|office1 = Member of Indian Parliament for Calcutta North West
|constituency1 = [[Calcutta North West (Lok Sabha constituency)|Calcutta North West]]
|term_start1 = 1989
|term_end1 = 1998
|predecessor1 = [[Ashoke Kumar Sen]]
|successor1 = [[Sudip Bandyopadhyay]]
| birth_date = {{Birth date|df=yes|1927|11|1}}
| birth_place = [[Kolkata]], [[West Bengal]]
| death_date = {{Death date and age|df=y|2021|05|14|1927|11|1}}
| death_place = [[Kolkata]], [[West Bengal]]
| nationality = [[India]]n
| spouse = Lakshmi Rani Pal
| party = [[Indian National Congress]]
| relations =
| residence = [[Kolkata]]
| alma_mater = [[Surendranath College]] (Ripon College)<br>[[Calcutta University]]
| occupation = [[Politician]]
| profession = [[Lawyer]]
| religion =
| signature =
| website = [http://164.100.47.132/LssNew/biodata_1_12/3353.htm Lok Sabha Bio Sketch]
| footnotes =
}}
'''Debi Prasad Pal''' (1 November 1927 – 14 May 2021) was a [[Senior Advocate]] practicing in the [[Supreme Court of India]] and [[High Courts of India]].<ref>[http://parliamentofindia.nic.in/ls/lok11/biodata/11wb14.htm Parliament of India Profile]</ref> He was a former Minister of State for Finance, a former [[Judge]] of [[Calcutta High Court]] and a three-time former [[Member of Parliament]] (MP) in [[Lok Sabha]].

==Early life and education==
Debi Prasad Pal was born in 1927 in [[Kolkata]].<ref>[http://parliamentofindia.nic.in/ls/lok10/mp487.htm Short Bio-data as Member of Parliament]</ref> His father was noted scholar and educationist Aswini Kumar Pal and mother was Sarala Bala Pal. He did his bachelor's studies in [[Presidency University, Kolkata|Presidency College]] and got his M.A. degree from [[Calcutta University]]. He was awarded the prestigious [[Doctor of Letters]] (D.Litt.) degree soon after that for his outstanding contribution to English literature. He got his [[Legum Doctor|Doctor of Laws]] (LL.D.) degree in 1961 for his seminal work. He stood first throughout his academic career. He is the son-in-law of Justice [[Radhabinod Pal]], who was an International Judge.

==Legal career==
Dr. Pal started practicing in the Calcutta High Court in 1959. He was thereafter appointed a justice in the High Court but resigned within 6 months to rejoin private practice.

==Political career==
He started his political journey as a member of the [[Indian National Congress|Congress party]]. He contested the Lok Sabha election for the first time in 1989. He was selected by the Congress (I) for the [[Calcutta North West (Lok Sabha constituency)|Calcutta North-West parliamentary constituency]].<ref>{{Cite web |url=http://164.100.47.132/LssNew/biodata_1_12/3353.htm |title=Biographical Sketch on the Lok Sabha website |access-date=16 November 2009 |archive-url=https://web.archive.org/web/20110703140008/http://164.100.47.132/LssNew/biodata_1_12/3353.htm |archive-date=3 July 2011 |url-status=dead }}</ref> He beat his political and legal guru [[Ashoke Kumar Sen]] by a huge margin. He was chosen to be the Union Minister of State for Finance by the then Prime Minister of India [[P. V. Narasimha Rao]]. He worked with Finance Minister [[Manmohan Singh]], the former Prime Minister of India. He was also elected for the Lok Sabha in the years 1991 and 1996. He briefly joined [[Trinamool Congress]] after getting an invitation from its leader [[Mamata Banerjee]] but eventually came back to the Congress.

==Union Minister of Finance==
He was the Union Minister of State for Finance in the Narasimha Rao Government from 1995 - 1996. He was also a member of [[The Tenth Finance Commission]] of India.

==Philanthropy==
Dr. Pal is well known for his charity work. He was one of the founding members of Cancer Foundation of India.<ref>{{Cite web |url=http://www.cancerfoundationofindia.org/aboutus/index.html |title=Cancer Foundation of India |access-date=16 November 2009 |archive-url=https://web.archive.org/web/20091124215702/http://www.cancerfoundationofindia.org/aboutus/index.html |archive-date=24 November 2009 |url-status=dead }}</ref>

==Senior Advocate==
He practiced in the [[Supreme Court of India]] and [[High Courts of India]]. He is considered to be one of the fine lawyers of India in taxation matters. He was one of the highest paid lawyers and was one of the highest income-tax payers in India.<ref>{{Cite web |url=http://www.tehelka.com/story_main43.asp?filename=Bu141109fixed_case.asp |title=Debi Prasad Pal represents Vedanta Resources and Sterlite Group |access-date=18 November 2009 |archive-url=https://web.archive.org/web/20100102044227/http://tehelka.com/story_main43.asp?filename=Bu141109fixed_case.asp |archive-date=2 January 2010 |url-status=dead }}</ref>

==Member of Financial Sector Legislative Reforms Commission==
Dr. Pal has been recently appointed a member of the newly constituted [[Financial Sector Legislative Reforms Commission]] (FSLRC). The Commission is headed by retired Justice B. N. Srikrishna.<ref>[http://pib.nic.in/newsite/erelease.aspx?relid=71232 Resolution Nofifying Constitution of Financial Sector Legislative Reforms Commission (FSLRC) Issued]</ref><ref>[http://articles.economictimes.indiatimes.com/2011-03-23/news/29178480_1_pension-regulator-fslrc-financial-sector-laws Top bankers, regulators & legal experts to assist Sri Krishna in FSLRC]</ref><ref>[https://archive.today/20130125055511/http://www.hindustantimes.com/Financial-sector-bills-to-be-rejigged/Article1-677264.aspx Financial sector bills to be rejigged]</ref><ref>{{Cite web |url=http://news.indiamart.com/story/debi-prasad-pal-joins-financial-sector-reforms-panel-137034.html |title=Debi Prasad Pal joins financial sector reforms panel |access-date=4 April 2011 |archive-url=https://web.archive.org/web/20110928031316/http://news.indiamart.com/story/debi-prasad-pal-joins-financial-sector-reforms-panel-137034.html |archive-date=28 September 2011 |url-status=dead }}</ref><ref>[http://www.indiainfoline.com/Markets/News/Govt-steps-up-to-re-write-and-clean-up-financial-sector-laws/5129273688 Govt steps up to re-write and clean up financial-sector laws]</ref><ref>[http://www.finmin.nic.in/press_room/2011/FSLRC.pdf Financial Sector Legislative Reforms Commission (FSLRC)]</ref>

==References==
<references/>

{{First to Tenth Lok Sabha, West Bengal}}

{{authority control}}

{{DEFAULTSORT:Pal, Debi Prasad}}
[[Category:1927 births]]
[[Category:2021 deaths]]
[[Category:Presidency University, Kolkata alumni]]
[[Category:Bengali people]]
[[Category:20th-century Indian economists]]
[[Category:20th-century Indian judges]]
[[Category:20th-century Indian lawyers]]
[[Category:9th Lok Sabha members]]
[[Category:10th Lok Sabha members]]
[[Category:11th Lok Sabha members]]
[[Category:Members of the Cabinet of India]]
[[Category:University of Calcutta alumni]]
[[Category:Judges of the Calcutta High Court]]
[[Category:Lok Sabha members from West Bengal]]
[[Category:Politicians from Kolkata]]

Debi Prasad Pal - Revision history

->Editrite! at 09:23, 25 December 2021