Sat, Jul 27, 2024
Whatsapp

Manmohan Singh retires from Rajya Sabha | A look back at significant achievements of father of Indian economic reforms

Reported by:  PTC News Desk  Edited by:  Shefali Kohli -- April 03rd 2024 12:49 PM
Manmohan Singh retires from Rajya Sabha | A look back at significant achievements of father of Indian economic reforms

Manmohan Singh retires from Rajya Sabha | A look back at significant achievements of father of Indian economic reforms

Manmohan Singh retires from Rajya Sabha | Dr Manmohan Singh, the former Prime Minister, remains a beacon of integrity and unwavering dedication to nation-building and economic progress. 

His leadership during the global financial crisis and commitment to inclusive policies have left an indelible mark on India's trajectory. His composed, intellectual, and humble demeanor serves as a timeless example, offering invaluable lessons for leadership in any era.


China sitting at our border but Centre making efforts to hide truth: Manmohan Singh

Also Read | Taiwan hit by strongest earthquake in 25 years; tsunami warnings issued in Japan | IN POINTS

Former Prime Minister Manmohan Singh, aged 91, bids farewell to the Rajya Sabha today, marking the conclusion of his extraordinary three-decade-long tenure.


Significant achievements of Manmohan Singh

Economic Growth and Reforms

Manmohan Singh leadership was marked by sustained economic growth. His government implemented economic reforms, including liberalization, privatization, and globalization, which contributed to India's rapid economic expansion. Under his tenure, India emerged as one of the world's fastest-growing major economies.

Social Welfare Programs

Manmohan Singh government launched several social welfare programs aimed at reducing poverty and improving the quality of life for millions of Indians. Manmohan Singh brought National Rural Employment guarantee act (NREGA) which later came to be known as MGNREGA whichguaranteed 100 days of wage employment to rural households. 

India-US Civil Nuclear Agreement

The India-US Civil Nuclear Agreement, signed during Manmohan Singh's tenure, marked a significant milestone in India's foreign relations and brought India closer to the global nuclear mainstream. India nuclear deal with US helped India gaining access to civilian nuclear technology and fuel, despite not being a signatory to the Nuclear Non-Proliferation Treaty (NPT). It symbolized a major shift in India's international status and relationships.

Punjab elections 2022: Ex-PM Manmohan Singh slams BJP's 'fake nationalism, divisive politics'

GDP & Economy

Manmohan Singh's tenure, marked a significant growth in GPD and economy. Manmohan Singh’s government delivered the highest GDP growth since India’s independence at 10.03% in 2010-11. This was India's highest recorded GDP since the country's economic liberalization in 1991. The highest GDP growth rate after independence was 10.02% in 1988-1989, during Rajiv Gandhi's tenure as Prime Minister.

Also Read: Arvind Kejriwal unwell: ‘Lost 4.5 kg since arrested,’ says Atishi

Strengthening Diplomatic Relations

Manmohan Singh's tenure witnessed an emphasis on strengthening diplomatic ties with various countries, fostering economic partnerships, and enhancing India's role on the global stage. Manmohan Singh during his government worked on building strategic partnerships with nations like the United States, Russia, and neighboring countries like China and Pakistan.

(With inputs from agencies)

-

Top News view more...

Latest News view more...

PTC NETWORK