Thakur the statue in a hat

 Another person who wears the hat is this guy:
Thakur Sain Negi.

I found him presiding over the village center traffic circle and bus stop.
He wasn't getting a lot of attention there.

It seems he doesn't get a lot of attention anywhere.

The only information I can find is that he was a translator and scholar of Tibetan Buddhist texts.  But what his connection to the village is, I do not know.
I could read the Hindi...but I am feeling lazy.  Any one else wanna translate it for me so I can figure out why he's standing in the village wearing the hat?

July 26 UPDATE:

Help with reading the Hindi has revealed that he was born in one of the villages in the Kinnaur region.  Thus they claim him as one of their own.