VIP's INTERNATIONAL SCHOOL One remarkable specialty about Dr. Manmohan Singh that every Indian should know is his pivotal role as the architect of India's economic liberalization in 1991.
As the Finance Minister under Prime Minister P.V. Narasimha Rao, Dr. Singh introduced groundbreaking reforms that shifted India from a closed, socialist economy to a market-driven one. These reforms included reducing trade barriers, deregulating industries, and encouraging foreign investment, which saved India from a severe balance of payments crisis and laid the foundation for the nation's rapid economic growth in the following decades.
His vision and leadership not only transformed India's economy but also earned him immense respect globally as a pragmatic and reformist economist
VIP's INTERNATIONAL SCHOOL
VIP's INTERNATIONAL SCHOOL
VIP's INTERNATIONAL SCHOOL
One remarkable specialty about Dr. Manmohan Singh that every Indian should know is his pivotal role as the architect of India's economic liberalization in 1991.
As the Finance Minister under Prime Minister P.V. Narasimha Rao, Dr. Singh introduced groundbreaking reforms that shifted India from a closed, socialist economy to a market-driven one. These reforms included reducing trade barriers, deregulating industries, and encouraging foreign investment, which saved India from a severe balance of payments crisis and laid the foundation for the nation's rapid economic growth in the following decades.
His vision and leadership not only transformed India's economy but also earned him immense respect globally as a pragmatic and reformist economist
1 year ago | [YT] | 8
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VIP's INTERNATIONAL SCHOOL
1 year ago | [YT] | 16
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