India Replaces Lutyens' Statue with Rajagopalachari's
Analysis based on 8 articles · First reported Feb 22, 2026 · Last updated Feb 22, 2026
This event has no direct financial market impact as it is a symbolic cultural and political gesture. It reflects India's ongoing efforts to decolonize its public spaces and honor national heroes.
Prime Minister Narendra Modi announced that the statue of British architect Edwin Lutyens in India===Rashtrapati Bhavan will be replaced by a statue of C. Rajagopalachari, the first Indian governor-general of independent India. This decision, announced during Modi's 'Mann Ki Baat' address, is part of India's broader initiative to move away from colonial symbols and embrace Indian culture and leaders. The 'Rajaji Utsav' will be celebrated on February 23, during which C. Rajagopalachari's statue will be unveiled in the central courtyard of India===Rashtrapati Bhavan. An exhibition on C. Rajagopalachari's life will also be held from February 24 to March 1. This move aligns with Modi's 'Panch-Pran' pledge to free the nation from a colonial mindset.
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