About Manmohan Singh
In a Sikh family, Dr. Manmohan Singh was born on September 26, 1932, in Gah, Pakistan. His mother’s name was Amrit Kaur and his father’s name was Gurmukh Singh. His mother died while he was young, and he was raised by his grandmother. He has been interested in studies since he was a toddler, and he was often the class’s top performer.
Manmohan Singh is an economist who served two terms as India’s Prime Minister. Before him, only Jawaharlal Nehru had served as Prime Minister for two terms in a row. Narendra Modi is the next in line. With a degree in economics from Oxford University, Singh worked for the United Nations as a young man and later held various prominent roles in our country’s economic governance. By articulating structural measures to revitalize the country’s economy in 1991, he is credited with sparing the country from a full-fledged economic collapse. The crisis was effectively averted under his leadership as Finance Minister, and India was on course to become the world’s fastest-expanding economy.
Early life
His family relocated to Amritsar after the country was partitioned. He enrolled in Hindu College in this city. Manmohan Singh earned his bachelor’s degree in economics from Chandigarh’s Panjab University. He went on to pursue his post-graduate studies at the University of Cambridge and the University of Oxford.
Manmohan Ji obtained his D.Phil. from Newfield College at Oxford University in 1962. His debut book, “India Export Trend and Prospectus for Self-Sustained Growth,” was released by Clarendon Press in 1964. At Panjab University, Manmohanji excelled as an academic accreditor for many years. The Delhi School of Economics rose to prominence during a brief term at the UNCTAD Secretariat, as well as overtime. He served as the Secretary-General of the South Commission in Geneva between 1987 to 1990.
Political Life
- During Rajiv Gandhi’s reign, Manmohan Singh was appointed as the Deputy Chairman of the Planning Commission of India in 1985. He held this position for five years before being promoted as Economic Advisor to the Prime Minister in 1990. In 1991, when PV Narasimha Rao became Prime Minister, he gave Manmohan Singh an independent charge of the Finance Ministry and inducted him into his cabinet. Dr. Manmohan Singh was not a member of the Lok Sabha or the Rajya Sabha at the time.
- The government minister must, however, be a member of Parliament, as stipulated by the constitutional structure. As a result, in 1991, he was elected to the Rajya Sabha from Assam. Manmohan Singh advocated for economic liberalization and integration of the Indian economy with the global market as a solution. Import and export were also eased by Dr. Manmohan Singh. Licensing and permissions are no longer necessary. Separate strategies for ill and loss-making PSUs were devised by attracting private capital.
- PV Narasimha Rao had to deal with a lot of criticism when the new economy was on its knees. The opposition was advising him to be cautious about the new economic experiment. Mr. Rao, on the other hand, had entire faith in Manmohan Singh. The critics’ lips had closed and their eyes had expanded after only two years. The Indian economy benefited the most from liberalization, and as a result, a non-politician who was an economics professor entered Indian politics to help the country’s faltering economy get back on track.
- Manmohan Singh quit the ministry in 1991 to pursue a career in politics. When PV Narasimha Rao was elected Prime Minister, he appointed Manmohan Singh Ji to his cabinet ministry as Finance Minister. At a time when India’s economy was in a poor spot, Manmohan Singh Ji traveled to several countries to help the country’s economy. As soon as he took office, he put an end to the ‘License Raj’ plan, which required that each change in a firm be approved by the government. Many private businesses benefitted from this program, and the country began to reap economic gains as a result of its independence.
- Manmohan Singh was elected to the Rajya Sabha in 1998 and served as the Leader of the Opposition in the Rajya Sabha from 1998 to 2004. Because he was a brilliant economist, he paid close attention to the country’s economy and oversaw the operations of that ministry. He advanced the country’s market and economy with his Finance Minister, P Chidambaram. India’s highest Gross Domestic Product (GDP) growth rate was 9% in 2007, propelling the country to the world’s second-largest economy. As Prime Minister, Manmohan Ji initiated several initiatives, including the National Rural Health Mission for the benefit of rural people.
- Following the 2008 Mumbai terrorist assault, the National Investigation Agency (NAIA) was founded. In 2009, India’s Unique Identification Authority was established to promote e-governance and national security, and it was stated that citizens would receive multi-purpose national identity cards. This administration established and maintained good ties with a variety of nations. The project successfully utilized PV Narasimha Rao’s realistic foreign strategy.
- In 1987, he received the Padma Vibhushan award. Manmohan Singh took several bold initiatives as Prime Minister to move India forward on the path of progress, which benefited not only the Indian people but also the country’s standing on the international scene.
- Dr. Manmohan Singh is a trustworthy and caring individual. The UPA (United Progressive Alliance) government backs him, and the entire country believes in him. His image is that of a nice and honest person, and because of this, some people refer to him as Dr. Honest. His performance history is spotless. He is the personification of simplicity and ideals. Based on his previous record, the country welcomed him to become Prime Minister, and the way he has made two announcements for farmers and the working class since becoming Prime Minister, it has been proven that this person is a well-wisher of society’s lower classes.
- Despite not winning the Lok Sabha elections in 2004, Manmohan Singh was approved as Prime Minister of India by UPA chairman Sonia Gandhi. He became quite famous among the general population as a result of his clean and honest image. On May 22, 2004, he took the oath of office. Manmohan Singh sought to improve business and the economy with the help of Finance Minister P Chidambaram.
- India’s GDP increased by 9% in 2007, making it the world’s second-largest emerging economy. Under his direction, the National Rural Health Mission was founded for the benefit of rural residents. People throughout the world admired and appreciated this work. During his reign, the education sector also saw significant improvements. The results of the 15th Lok Sabha election were very favorable to the UPA, and Manmohan Singh was re-elected Prime Minister of India on May 22, 2009. After Jawaharlal Nehru, Manmohan Singh was the only Prime Minister who was re-elected after completing a five-year term.