Lord Meghnad Desai is a Non-Executive, Independent Professional Director at Elara. In addition to being the Emeritus Professor of Economics at the London School of Economics and Political Science, he was awarded the Pravasi Bharatiya Puraskar in 2004 and the Padma Bhushan in 2008. He is the former chairman and active member of the British Labour Party. Lord Desai holds over 25 books and 200 articles in learned journals to his name and is also an Honorary Fellow of the London Stock Exchange. He holds a Masters Degree from University of Mumbai and is a PHD from University of Pennsylvania. He was awarded the ‘SKOCH CHALLENGER AWARD FOR LIFETIME ACHIEVEMENT IN ECONOMICS’ at a ceremony in New Delhi on Saturday, 22nd March 2014, presented by Dr. Montek Ahluwalia.