"Basaveshwara fought against the caste system and evil forces in society. I hope people will try to understand what he advocated," Modi said.
Describing Basaveshwara as a Karma Yogi, Modi said he spread the message 'work is worship' and advocated parliamentary democracy much before the Magna Carta.
"When I was with (British) PM David Cameron he was showing me the Magna Carta. But long before him Basaveshwara gave the principles of democracy," he said.
"This statue will be an inspiration for all those who believe in democratic ideals," he said.
Also Read
Dr Neeraj Patil, the former mayor Lambeth who initiated the drive for installing Basaveshwara's statue here, announced that the Basaveshwara Foundation will donate 250,000 pounds to the friends of Vauxhall Plessure Garden for donating the land where the statue is installed.
Basaveshwara's statue is the first Indian statue approved on the conceptual basis in the vicinity of British Parliament.