Friday, 27 December 2024

Dr. Manmohan Singh will forever be remembered as the architect of India's economic liberalization, a reformer whose vision and leadership steered the nation through one of its darkest financial crises in 1991. His appointment as Finance Minister under Prime Minister P.V. Narasimha Rao marked the beginning of an economic transformation that dismantled the License Raj, devalued the rupee, and opened India's markets to global investment. These bold steps revitalized a stagnant economy and set the stage for India to emerge as a global economic powerhouse in the 21st century.

Dr. Manmohan Singh will forever be remembered as the architect of India's economic liberalization, a reformer whose vision and leadership steered the nation through one of its darkest financial crises in 1991. His appointment as Finance Minister under Prime Minister P.V. Narasimha Rao marked the beginning of an economic transformation that dismantled the License Raj, devalued the rupee, and opened India's markets to global investment. These bold steps revitalized a stagnant economy and set the stage for India to emerge as a global economic powerhouse in the 21st century.

As Prime Minister during his first term (2004–2009), Dr. Singh oversaw a period of remarkable growth and progressive policymaking. Under his leadership, the government introduced transformational initiatives such as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Aadhaar, the Right to Information Act (RTI), and the Right to Education Act (RTE). Landmark policies like the Food Security Act and expanded healthcare access reflected his commitment to inclusive development. He also prioritized infrastructure growth and agricultural support through initiatives like the Farm Loan Waiver Scheme.

Though his second term (2009–2014) faced significant challenges, including allegations of corruption and economic slowdown, Dr. Singh's personal integrity and humility remained beyond reproach. His legacy is that of a statesman who bridged academia, administration, and politics with exceptional grace.

Today, we pay tribute to Dr. Manmohan Singh, whose unparalleled contributions shaped the modern Indian economy and society. He leaves behind an enduring legacy of vision, reform, and integrity. May his life and work continue to inspire future generations to serve the nation selflessly.

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