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Kerala Kaumudi Online
Tuesday, 18 February 2025 7.37 PM IST

Manmohan Singh- an economist who never ignored common man

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manmohan-singh

NEW DELHI: Manmohan Singh might be the first name that comes to the minds of common people in the country when thinking about the Reserve Bank Governor's signature on Indian currency notes. Manmohan Singh, a soft-spoken man, became more popular in the country when he shined as the Finance Minister in the PV Narasimha Rao cabinet. Liberalization policies that made the Indian market strong were proof of Manmohan Singh's prowess. After becoming Prime Minister, he was able to implement them more extensively.

The union budget presented by Manmohan Singh on July 24, 1991, as the Finance Minister was the basis for India becoming one of the fastest growing economies in the world. Manmohan Singh was particularly keen to give a human face to his neo-liberal policies, termed as Manmohanonomics. He attributed this to his humble beginnings, saying he was born and raised in a village. He recalled that his village had no electricity when he was born, no drinking water, no ration shops, and no good roads. He even walked miles to attend school. He said he has not forgotten that life, and therefore, any economic liberalization policy will not ignore the common man.

As Prime Minister, he brought three important laws namely the Employment Guarantee Act, the Right to Education Act for Women and the Food Security Act. Manmohan came to power with a wealth of experience as a UN advisor and vice-chairman of the Planning Commission of India. Manmohan Singh, who received a doctorate from Oxford University, was an astonishing source of knowledge. Former US President Barack Obama described him as a gentleman and a decent man.

TAGS: MANMOHAN SINGH, INDIA, NATIONAL NEWS
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