Manmohan Singh is widely regarded as the cleanest politician in India.
Dr. Manmohan Singh (Punjabi: ਮਨਮੋਹਨ ਸਿੰਘ, Hindi: मनमोहन सिंह, literal translation: Charming Lion) is the 17th and current Prime Minister of India. Singh is a member of the Indian National Congress party and became the first Sikh to become Prime Minister of India on May 22, 2004. He is one of the most qualified and influential figures in India's recent history, because of the economic liberalisation he started in 1991 when he was Finance Minister.
One of the more non-political faces of Indian politics, Dr Manmohan Singh is best known as the "liberator" of Indian economy. As the Union Finance Minister in the Narasimha Rao government (1991-96), he liberalised the economy to put India on the path of globalisation.
He worked as the Deputy Chairman of the Planning Commission from 1985 to 1987 and as the Governor of the Reserve Bank for three years before that. He has also been the Central government's Advisor on Economic Affairs, besides taking international assignments at the International Monetary Fund and the Asian Development Bank.
He was first elected to the Rajya Sabha in 1991, and has represented the Congress there since. In 1999, he contested the Lok Sabha elections from South Delhi, but lost. He was the Leader of the Opposition in the Upper House until becoming the Prime Minister of India.|
He has won several awards for his work and contribution to society, including the Padma Vibhushan in 1987, the Euromoney Finance Minister of the year award in 1993 and the Asiamoney Finance Minister of the year award in 1993 and 1994.
Singh was born in Gah in West Punjab (now in Pakistan) in September 1932, and studied economics in Chandigarh and later went to Cambridge & Oxford UK for higher studies. He later taught the subject at the Punjab University. He has authored a book on Indian export trends.
Mr Singh slashed red tape, simplified the tax system and removed stifling controls and regulations to try create an environment conducive to business.
The economy revived, industry picked up, inflation was checked, and growth rates remained consistently high in the 1990s.
The economy, under Mr Singh's stewardship, grew at a steady 7% per annum.
In recent years, he has lamented that the economy was not growing "fast enough" under the Hindu-nationalist Bharatiya Janata Party-led government, which lost the recent elections.
Mixed model
He is a strong advocate of a "mixed economy model" with an important role for government-owned companies, especially in infrastructure and agriculture.
Mr Singh believes that economic reforms mean the modernisation of state-run companies, not the selling off of profit-making government-owned enterprises.
His unexpected anointment as the finance minister in 1991 capped a long and illustrious career as an academic and civil servant.
He has taught economics in universities in India and abroad, including the prestigious Delhi School of Economics and Oxford University.
In his role as a technocrat, Mr Singh headed India's central bank, advised the government on managing the economy and was a governor with the International Monetary Fund (IMF) and the Asian Development Bank (ADB).
Mr Singh has often talked about the "privilege" of being taught by such eminent economists as Joan Robinson and Maurice Dobb.
Dr. Manmohan Singh (Punjabi: ਮਨਮੋਹਨ ਸਿੰਘ, Hindi: मनमोहन सिंह, literal translation: Charming Lion) is the 17th and current Prime Minister of India. Singh is a member of the Indian National Congress party and became the first Sikh to become Prime Minister of India on May 22, 2004. He is one of the most qualified and influential figures in India's recent history, because of the economic liberalisation he started in 1991 when he was Finance Minister.
One of the more non-political faces of Indian politics, Dr Manmohan Singh is best known as the "liberator" of Indian economy. As the Union Finance Minister in the Narasimha Rao government (1991-96), he liberalised the economy to put India on the path of globalisation.
He worked as the Deputy Chairman of the Planning Commission from 1985 to 1987 and as the Governor of the Reserve Bank for three years before that. He has also been the Central government's Advisor on Economic Affairs, besides taking international assignments at the International Monetary Fund and the Asian Development Bank.
He was first elected to the Rajya Sabha in 1991, and has represented the Congress there since. In 1999, he contested the Lok Sabha elections from South Delhi, but lost. He was the Leader of the Opposition in the Upper House until becoming the Prime Minister of India.|
He has won several awards for his work and contribution to society, including the Padma Vibhushan in 1987, the Euromoney Finance Minister of the year award in 1993 and the Asiamoney Finance Minister of the year award in 1993 and 1994.
Singh was born in Gah in West Punjab (now in Pakistan) in September 1932, and studied economics in Chandigarh and later went to Cambridge & Oxford UK for higher studies. He later taught the subject at the Punjab University. He has authored a book on Indian export trends.
Mr Singh slashed red tape, simplified the tax system and removed stifling controls and regulations to try create an environment conducive to business.
The economy revived, industry picked up, inflation was checked, and growth rates remained consistently high in the 1990s.
The economy, under Mr Singh's stewardship, grew at a steady 7% per annum.
In recent years, he has lamented that the economy was not growing "fast enough" under the Hindu-nationalist Bharatiya Janata Party-led government, which lost the recent elections.
Mixed model
He is a strong advocate of a "mixed economy model" with an important role for government-owned companies, especially in infrastructure and agriculture.
Mr Singh believes that economic reforms mean the modernisation of state-run companies, not the selling off of profit-making government-owned enterprises.
His unexpected anointment as the finance minister in 1991 capped a long and illustrious career as an academic and civil servant.
He has taught economics in universities in India and abroad, including the prestigious Delhi School of Economics and Oxford University.
In his role as a technocrat, Mr Singh headed India's central bank, advised the government on managing the economy and was a governor with the International Monetary Fund (IMF) and the Asian Development Bank (ADB).
Mr Singh has often talked about the "privilege" of being taught by such eminent economists as Joan Robinson and Maurice Dobb.
1 comment:
....... good work keep it up
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