Singh is widely credited for carrying out economic reforms in India during his tenure as the Finance Minister from 1991 to 1996. These reforms resulted in the end of the infamous Licence Raj system and opened the Indian economy to international trade and investment.[1]. He is widely considered to have made a profound impact on many generations of Indians since Indian Independence. Singh has a reputation worldwide for being sincere, honest, and hard-working. Many Indians admire and respect him for bringing India out of the clutches of the Licence Raj.
In 2010, TIME magazine listed him among the 100 most influential people in the world.[2]
Contents
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1 Background
2 Childhood and education
3 Early career
3.1 Finance Minister of India
3.2 Career in the Rajya Sabha
4 Prime ministership
4.1 14th Lok Sabha
4.1.1 Foreign policy
4.1.2 Economic policy
4.1.3 Healthcare and education
4.1.4 Security and Home Affairs
4.1.5 Legislation
4.2 15th Lok Sabha
5 Personal life
6 Degrees and posts held
7 See also
8 References
9 External links
[edit] Background
An economist by profession, Singh was the Governor of the Reserve Bank of India from 1982 to 1985,[3] the Deputy Chairman of the Planning Commission of India from 1985 to 1987 and the Finance Minister of India from 1991 to 1996. He is also a Rajya Sabha member from Assam, currently serving his fourth term.[4]
Manmohan Singh is a graduate of Punjab University, Chandigarh, the University of Cambridge, and the University of Oxford. After serving as the Governor of the Reserve Bank of
References: 9 External links [edit] Background An economist by profession, Singh was the Governor of the Reserve Bank of India from 1982 to 1985,[3] the Deputy Chairman of the Planning Commission of India from 1985 to 1987 and the Finance Minister of India from 1991 to 1996. He is also a Rajya Sabha member from Assam, currently serving his fourth term.[4] Manmohan Singh is a graduate of Punjab University, Chandigarh, the University of Cambridge, and the University of Oxford. After serving as the Governor of the Reserve Bank of India and the Deputy Chairman of the Planning Commission of India, Singh was appointed as the Union Minister of Finance in 1991 by the then Prime Minister Narasimha Rao, who chose a professional economist breaking the tradition of political appointments to Finance Ministry. Narasimha Rao took up the task of political management largely insulating Dr.Manmohan Singh from political pressure and interference. During his tenure as the Finance Minister, Singh was widely credited for carrying out liberalising reforms in India in 1991 which resulted in the weakening of Licence Raj system.[1] Following the 2004 general elections, Singh was unexpectedly declared as the Prime Ministerial candidate of the Indian National Congress-led United Progressive Alliance. He was sworn in as the prime minister on 22 May 2004, along with the First Manmohan Singh Cabinet. After the Indian National Congress won the 2009 general elections, On 22 May 2009, Manmohan Singh was sworn in for his second tenure as the Prime Minister at the Asoka Hall of Rashtrapati Bhavan. [edit] Childhood and education Manmohan Singh was born to Gurmukh Singh and Amrit Kaur on 26 September 1932, in Gah, Punjab (now in Chakwal District, Pakistan), British India, into a Sikh family. He lost his mother when he was very young, and he was raised by his paternal grandmother, to whom he was very close. He was a hard working student who studied by candlelight, as his village did not have electricity. After the Partition of India, he migrated to Amritsar, India. He attended Punjab University, Chandigarh studying Economics and attaining his bachelor 's and master 's degrees in 1952 and 1954 respectively, standing first throughout his academic career. He went on to read for the Economics Tripos at Cambridge as a member of St John 's College. (In the Oxbridge tradition, holders of the BA degree with honours are entitled in due course to an MA degree.) He won the Wright 's Prize for distinguished performance in 1955 and 1957. He was also one of the few recipients of the Wrenbury scholarship. In 1962, Singh completed his DPhil from the University of Oxford where he was a member of Nuffield College. The title of his doctoral thesis was "India’s export performance, 1951–1960, export prospects and policy implications", and his thesis supervisor was Dr I M D Little. From this thesis he published the book "India’s Export Trends and Prospects for Self-Sustained Growth".[5] In 1997, the University of Alberta presented him with an Honorary Doctor of Laws. The University of Oxford awarded him an honorary Doctor of Civil Law degree in June 2006, and in October 2006, the University of Cambridge followed with the same honour. St. John 's College further honoured him by naming a PhD Scholarship after him, the Dr Manmohan Singh Scholarship