"The Inner Light" has received praise from several music critics and musicologists for its melodic qualities and its evocation of the meditation experience. Jeff Lynne and Anoushka Shankar performed the song at the Concert for George tribute in November 2002, a year after Harrison's death. An alternative take of the 1968 instrumental track was released in 2014 on the remastered "Wonderwall Music" CD. Screenwriter Morgan Gendel named a of the television series "" as an homage to the song. In 2020, Harrison's Material World Foundation announced The Inner Light Challenge, an initiative to raise funds for the MusiCares COVID-19 Relief Fund, Save the Children and Médecins Sans Frontières in response to the COVID-19 pandemic.