Manmohan Singh: Optimistic about India’s economy with a word of caution
4 days, 4 hours ago

Manmohan Singh: Optimistic about India’s economy with a word of caution

Deccan Chronicle  

Hyderabad: Just as in his first 1991 Budget, former prime minister Manmohan Singh was confident and optimistic about India's future. Speaking about challenges ahead for India, Dr Singh said, "On the whole, I am more optimistic about India’s future than worried. “As we pursue the path of inclusive economic growth, we should not permit only a select few among India’s business leaders to reap the benefits of prosperity while income gaps keep widening.” The former prime minister also had a word of caution about attempts to dislodge the US dollar as a global currency. “Opportunities to buy discounted oil or commodities may be enticing but if it entails a prolonged departure from the established order of dollar-based trade settlement or jeopardises established trading relationships with western bloc markets, it can have longer term implications for India’s export potential,” Dr Singh wrote.

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History of this topic

Manmohan Singh, the Prime Minister with a vision for nation’s growth
Trending News
2 days, 15 hours ago

Manmohan Singh, the Prime Minister with a vision for nation’s growth

Hindustan Times  

With the reforms of 1991, former prime minister Manmohan Singh not only pulled India back from the brink of bankruptcy but also helped the country strut the global stage as a rising economic power. A lesser-known fact about the “commanding heights” of India’s socialist-era planning is that the erstwhile Planning Commission worked closely with US and British economists to formulate …

Manmohan Singh’s policies bore imprint of his far-sighted academics
Trending News
2 days, 22 hours ago

Manmohan Singh’s policies bore imprint of his far-sighted academics

Hindustan Times  

With the reforms of 1991, former prime minister Manmohan Singh not only pulled India back from the brink of bankruptcy but also helped the country strut the global stage as a rising economic power. A lesser-known fact about the “commanding heights” of India’s socialist-era planning is that the erstwhile Planning Commission worked closely with US and British economists to formulate …

Manmohan Singh: Doctor who turned sick India into a global power
4 days, 4 hours ago

Manmohan Singh: Doctor who turned sick India into a global power

Deccan Chronicle  

Decades back, Dr Manmohan Singh had said, “Never let a crisis go waste.” He was presented with a similar opportunity, when he was picked by then Prime Minister P.V. The room for maneuver, to live on borrowed money or time, does not exist any more,” Dr Manmohan Singh declared in his first Budget on July 24, 1991.Drawing attention of Parliament …

From Gah to global glory: How Manmohan Singh scripted India's economic renaissance
Trending News
4 days, 10 hours ago

From Gah to global glory: How Manmohan Singh scripted India's economic renaissance

India Today  

Manmohan Singh, a towering economist and the architect of India’s economic liberalisation, passed away on December 26 at the age of 92. Revered for his quiet demeanour, Singh’s legacy is etched in India’s transformation from a struggling post-colonial economy to an emerging global powerhouse. By opening up the economy to foreign direct investment and streamlining industrial policies, Singh laid the …

Manmohan Singh: Congress Leaders Pay Tribute to a Visionary Leader
4 days, 14 hours ago

Manmohan Singh: Congress Leaders Pay Tribute to a Visionary Leader

Deccan Chronicle  

New Delhi:Former Prime Minister Manmohan Singh's final journey will commence from the 24 Akbar Road All India Congress Committee headquarters to the Nigam Bodh Ghat at 9.30 am on Saturday. "We in the Congress party and the people of India will forever be proud and grateful that we had a leader like Manmohan Singh, whose contributions to India's progress and …

DC Edit | Dr Singh’s growth prescription
4 days, 15 hours ago

DC Edit | Dr Singh’s growth prescription

Deccan Chronicle  

If one sits down to pen India’s economic history after Independence, it could be broadly classified into two eras — Pandit Jawaharlal Nehru’s socialist era from 1950 to 1991 and Dr Manmohan Singh’s liberal economic regime from 1991 onwards. The economic policies before 1991 were largely influenced by India’s suspicion of foreign traders, in view of its experience with the …

DC Edit | Singh’s success as economist outweighed failures as PM
4 days, 15 hours ago

DC Edit | Singh’s success as economist outweighed failures as PM

Deccan Chronicle  

In a remarkable journey from an economist to central banker to a transformational finance minister and then an accidental Prime Minister, his integrity, humility, knowledge and calm and gentle way were Dr Manmohan Singh’s constant companions. His greatest contribution to India will remain his leading the country out of the darkness of a closed economy based on protectionism with a …

Manmohan Singh: Congress Leaders Pay Tribute to a Visionary Leader
4 days, 15 hours ago

Manmohan Singh: Congress Leaders Pay Tribute to a Visionary Leader

Deccan Chronicle  

New Delhi:Former Prime Minister Manmohan Singh's final journey will commence from the 24 Akbar Road All India Congress Committee headquarters to the Nigam Bodh Ghat at 9.30 am on Saturday. "We in the Congress party and the people of India will forever be proud and grateful that we had a leader like Manmohan Singh, whose contributions to India's progress and …

An Indian visionary committed to regional peace: South Asian leaders remember Manmohan Singh
4 days, 17 hours ago

An Indian visionary committed to regional peace: South Asian leaders remember Manmohan Singh

The Hindu  

“Take steady steps and take your time” was the advice then Prime Minister Manmohan Singh gave Hamid Karzai, who became President of Afghanistan at the age of 45, when he first met him in 2004. Speaking to The Hindu on Friday, Mr. Karzai said India and Afghanistan had the “best relations” during Dr. Singh’s tenure, as India became Afghanistan’s first …

Dr Manmohan Singh's reforms redefined India's trajectory as a rising global power
4 days, 19 hours ago

Dr Manmohan Singh's reforms redefined India's trajectory as a rising global power

Deccan Chronicle  

New Delhi: Former Prime Minister Dr Manmohan Singh, who breathed his last on Thursday night, had a legacy of economic reforms in India. REACTIONS: Recalling Dr Singh's contributions as the architect of India's economic reforms, RBI Governor Sanjay Malhotra said on Friday that India’s economic reforms have left an indelible mark. Former RBI governor Urjit Patel also said Dr Singh …

Manmohan Singh's reforms transformed India, unshackled economy: Economists
4 days, 22 hours ago

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Deccan Chronicle  

New Delhi: Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund Gita Gopinath said on Friday. "Dr Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians. Former RBI Governor Raghuram …

Manmohan Singh’s iconic 1991 budget speech that changed the country forever – ‘India is now wide awake…’
5 days, 3 hours ago

Manmohan Singh’s iconic 1991 budget speech that changed the country forever – ‘India is now wide awake…’

Live Mint  

Manmohan Singh, who passed away on Thursday at 92, was Prime Minister for two terms in the Congress-led UPA government from 2004 to 2014. Singh also served as Finance Minister in the government of Prime Minister PV Narasimha Rao from 1991 to 1996, when he was instrumental in implementing sweeping economic reforms in the country. It was on July 24, …

What Manmohan Singh said about Indian economy in one of his last interviews
5 days, 5 hours ago

What Manmohan Singh said about Indian economy in one of his last interviews

Hindustan Times  

Hailed as the architect of India's economic reforms, former prime minister Manmohan Singh, in one his last interviews, had said in 2019 that the country's economy was "over-regulated", the government exerted control and interferences were aplenty with even regulators having "morphed into controllers". Manmohan Singh with Hillary Clinton and Joe Biden at a toast for 'Indo-American' friendship at a luncheon …

Manmohan Singh (1932-2024): The maker of modern Indian economy, is no more
5 days, 6 hours ago

Manmohan Singh (1932-2024): The maker of modern Indian economy, is no more

The Hindu  

Published : Dec 27, 2024 08:58 IST - 6 MINS READ Former Prime Minister Manmohan Singh, the architect of India’s economic reforms in the 90s, passed away at 92 on Thursday. That is why he lasted for ten years.”Neerja Chowdhury Journalist-author In an obvious reference to Singh’s prophetic words, Congress President Mallikarjun Kharge said on Thursday, “Undoubtedly, history shall judge …

How Manmohan Singh pulled India from brink of economic death | From the archives
5 days, 10 hours ago

How Manmohan Singh pulled India from brink of economic death | From the archives

India Today  

In 1991, India's economy was in a mess and on the verge of collapse. Jakhar's support to the new economic package is critical because the government will have to slash fertiliser subsidies—a move he is ready to back, though he would like the cut to be compensated through "remunerative prices to farmers". A senior World Bank executive in Washington D.C. …

Manmohan Singh's key reforms that shaped Indian economy
5 days, 10 hours ago

Manmohan Singh's key reforms that shaped Indian economy

India Today  

"I honestly believe that history will be kinder to me than the contemporary media, or for that matter, the opposition parties in Parliament," Dr Manmohan Singh famously said in 2014 towards the end of his second term as the Prime Minister. THE 1991 ECONOMIC REFORMS Manmohan Singh’s reforms were centred around liberalisation, privatisation, and globalisation, which fundamentally changed the Indian …

What's Manmohanomics? Understanding Manmohan Singh's policies through his quotes
5 days, 10 hours ago

What's Manmohanomics? Understanding Manmohan Singh's policies through his quotes

India Today  

"No power on earth can stop an idea whose time has come," is how Manmohan Singh, then Finance Minister of India, concluded his landmark 1991 Budget speech. Manmohan Singh's many tenures, spanning roles as Economic Advisor in the Commerce Ministry, Chief Economic Advisor, Governor of the Reserve Bank of India, Deputy Chairman of the Planning Commission, Finance Minister, and eventually …

How Manmohan Singh revitalised India's economy and global standing
5 days, 10 hours ago

How Manmohan Singh revitalised India's economy and global standing

India Today  

India has bid farewell to one of its most influential economic visionaries, former prime minister Manmohan Singh, who passed away at the age of 92 on Thursday. Renowned for his calm demeanour and insightful leadership, Singh was instrumental in shaping India’s economic trajectory and contributing to global economic reforms. At this critical juncture, Manmohan Singh, then the Finance Minister under …

Manmohan Singh at India Today Conclave '07: 'India in midst of exciting things that often go unnoticed'
5 days, 10 hours ago

Manmohan Singh at India Today Conclave '07: 'India in midst of exciting things that often go unnoticed'

India Today  

“India is one of the forerunners in showing the world the way forward in dealing with one of the biggest challenges facing humankind in the modern world. This is the challenge of preventing the so-called ‘clash of civilisations’ and enabling not just a ‘dialogue’ between civilisations but creating a ‘confluence of civilisations’,” said Prime Minister Dr Manmohan Singh at the …

Manmohan Singh: Astute economic thinker who leaves behind a lasting legacy
5 days, 14 hours ago

Manmohan Singh: Astute economic thinker who leaves behind a lasting legacy

Hindustan Times  

What is the economic legacy of Manmohan Singh in India? To be sure, Singh’s ideas of a mixed economy were radically different from what his party, the Congress, tried to achieve when India gained Independence. In his essay The Road to the 1991 Industrial Policy Reforms and Beyond, published in the collection India Transformed: 25 Years of Economic Reforms, former …

‘History will indeed remember you kindly’: Allies, former colleagues pay tributes to Manmohan Singh
Trending News
5 days, 15 hours ago

‘History will indeed remember you kindly’: Allies, former colleagues pay tributes to Manmohan Singh

The Hindu  

Former Prime Minister Manmohan Singh’s parting shot — “history will be kinder to me than the contemporary media” — spoken in January 2014 at the last press conference he addressed before demitting office resonated on Thursday night as condolences poured in following his death, with many of his former Cabinet colleagues and UPA allies quoting his words, to say indeed …

History will be kinder to me: The moment when graceful Manmohan Singh deftly handled volley of questions
6 days, 10 hours ago

History will be kinder to me: The moment when graceful Manmohan Singh deftly handled volley of questions

India TV News  

In one of his most famous statements, former PM Manmohan Singh before demitting office as the prime minister in 2014 had said, "history will be kinder to me", asserting that his leadership was not as weak as projected at that time. In what can be termed his last press conference as the Prime Minister, the former PM said in 2014, …

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN
1 year, 7 months ago

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN

News 18  

India’s economy is expected to grow by 6.7 per cent in the calendar year 2024, supported by resilient domestic demand, according to a UN report which said higher interest rates and weaker external demand will continue to weigh on investment and exports this year for the country. The World Economic Situation and Prospects as of mid-2023 released on Tuesday said …

One vision and a billion people’s dream for a $5 trillion economy
2 years, 7 months ago

One vision and a billion people’s dream for a $5 trillion economy

Firstpost  

One man’s vision… a hundred and 38 billion dreams… a journey towards a $5 trillion economy. The government and the start-up India workforce have been working towards an inclusive India and that is a growth story right there itself. Creator Economy fuelled by digitisation, Start-Up India, e-commerce, infrastructure, Pradhan Mantri Jan Dhan Yojana – the banking outreach programme, Swachch Bharat, …

Road Ahead More Daunting, Need to Recalibrate Priorities: Manmohan Singh on 30 Yrs of Liberalisation
3 years, 5 months ago

Road Ahead More Daunting, Need to Recalibrate Priorities: Manmohan Singh on 30 Yrs of Liberalisation

News 18  

The road ahead is even more daunting than during the 1991 economic crisis and the nation would need to recalibrate its priorities to ensure a dignified life for all Indians, said former prime minister Manmohan Singh on Friday. In a statement marking the 30th anniversary of economic liberalisation, Singh said he was deeply saddened at the devastation caused by the …

Economy hit by climate of fear, says Manmohan Singh
5 years, 1 month ago

Economy hit by climate of fear, says Manmohan Singh

The Hindu  

Reacting to the GDP growth rate for the July-September quarter at 4.5%, a six-year low, announced on Friday, former Prime Minister Manmohan Singh said the figures were “completely unacceptable”, and pointed to a “palpable climate of fear” leading to this state of the economy. Delivering the valedictory address at National Economy Conclave, organised by the Rajiv Gandhi Institute for Contemporary …

Stop suspicion, build trust: Manmohan Singh's recipe to revive ailing economy
5 years, 1 month ago

Stop suspicion, build trust: Manmohan Singh's recipe to revive ailing economy

India Today  

Former prime minister Manmohan Singh on Monday explained how India's economic slowdown is not just a result of poor economic policies but also due to a lack of mutual trust. Highlighting all the factors, Manmohan Singh said the state of the economy is in bad shape but added that these are just the "mere manifestations of a deeper underlying malaise" …

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