"The Most Successful Doctor of Economy"


When India had only 46.91 tons of gold reserves abroad, Dr Manmohan Singh turned the situation around, multiplying the economy tenfold within ten years.
Economic Turnaround:


Dr. Manmohan Singh, widely recognised as one of India's most proficient economists, was pivotal in pulling India out of an economic crisis in 1991. At that time, India had foreign reserves worth just $1 billion and only 46.91 tons of gold stored abroad. Dr Singh, then the Finance Minister, introduced landmark reforms that stabilised the economy and laid the foundation for its growth trajectory over the next few decades.


Leadership During Crisis:
The 1991 economic crisis saw India nearing default on its external payments. Dr Singh's liberalisation policies—focused on removing trade barriers, encouraging foreign investment, and privatising sectors—played a crucial role in revitalising the economy. His decisions stabilised foreign exchange reserves and opened the gates for globalisation.


Achievements Highlighted:
●    India's GDP grew consistently during his tenure.
●    Foreign reserves increased significantly, enhancing India's global financial credibility.
●    Landmark programs like MGNREGA and Aadhaar laid the groundwork for inclusive development.


Legacy of Reforms:
Dr Singh's tenure is remembered for balancing economic liberalisation with social welfare. Policies introduced under his leadership have had long-term benefits for India’s middle class, rural development, and overall financial structure.
Impact Beyond Numbers:


In 2018, an exhibition showcasing Dr Singh’s journey and leadership was held, emphasising the human side of his achievements—uplifting millions of Indians through economic growth and social reforms.