Dr Manmohan Singh, the former Prime Minister of India breathed his last on the 26th of December 2024 at the age of 92. Riding on the sympathy wave following former Prime Minister Rajiv Gandhi’s assassination, the Congress party came to power under the leadership of PV Narasimha Rao and Dr Manmohan Singh became the Finance Minister of India. Dr Manmohan …
Policy paralysis was the often-used catchphrase to describe governance of the Manmohan Singh government in its latter half. Economists such as former Reserve Bank of India Governor Raghuram Rajan argue that the actual rate of gross domestic product is in the range of 3.5-5.5 per cent. Its GDP growth rate for January-March was 5.8 per cent - at a five-year …
