Manmohan Singh’s success lay in making a decisive and historic shift towards the West. It was also audacious, in my book even more so than the 1991 reform, given how little support it had within Congress and UPA.
Appointed as finance minister under prime minister PV Narasimha Rao, Singh enacted slew of reforms that broke shackles of overregulation & protectionism.
There are several reasons why even people who would not normally lie do not like to speak the truth. One of these is that the truth usually is a terrible enemy of conspiracy theorists.
On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.
The whole truth regarding the 1991 reforms is that India was in the process of revamping its industrial and trade policies from the last years of Rajiv Gandhi’s tenure.
Stating that its 1998 verdict failed to fulfil a two-fold test, a seven-judge SC bench has overturned the verdict which granted protection to legislators for alleged corruption.
President of India has conferred Bharat Ratna on PV Narasimha Rao. In this 2004 interview, former PM talked about his political journey & where he saw India headed.
The contributions of former PM Narasimha Rao and scientist MS Swaminathan show how innovation and determination can eliminate challenges. They were not sectarian and did not dedicate themselves to just their states alone.
Imagine someone came to pick you up at Bengaluru airport. Spend more than two hours in traffic to see you? And pay for a cab both ways? There’s no bigger confession of love.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
A thinking person’s Prime Minister. A place for a fine intellect at the apex of governance. As incandescent an intellect as Shri Shiv Shankar Menon has said he always learnt something after each meeting with him, left with a better understanding of issues.
A thinking person’s Prime Minister. A place for a fine intellect at the apex of governance. As incandescent an intellect as Shri Shiv Shankar Menon has said he always learnt something after each meeting with him, left with a better understanding of issues.
Communists protesting the nuclear deal is a good example to show that ‘Communists are an obstacle to progress’.