The Silent Man Who Changed INDIA's ECONOMY | Indian Economic Crisis 1991 | Ecoholics

How Manmohan Singh changed Indian Economy ?

Explore the untold story of Dr. Manmohan Singh, the 13th Prime Minister of India, whose quiet determination shaped the nation's destiny. In the face of India's worst economic crisis in 1991, Dr. Singh, a former RBI governor and Finance Minister, spearheaded transformative economic reforms based on Liberalization, Privatization, and Globalization.

Discover how these reforms propelled India's economic growth from 3% to an impressive 8-9%, making it the second fastest-growing economy globally by 2007. Learn about his collaboration with Finance Minister Chidambaram and their efforts to accelerate economic progress.

But Dr. Singh's contributions go beyond the economy. His government introduced groundbreaking legislations like the National Rural Employment Guarantee Act (NREGA) and replaced Sales Tax with Value Added Tax (VAT). Under his leadership, eight IITs were established, and initiatives like the National Investigation Agency (NIA) and amendments to the Unlawful Activities (Prevention) Act (UAPA) strengthened national security in the wake of the 2008 Mumbai attacks.

Witness the foresight of Dr. Manmohan Singh as he launched Aadhaar, a visionary project that provided every Indian with a unique 12-digit ID card with biometric data – a precursor to today's common use of QR codes.

However, his tenure faced challenges, leading to his resignation in 2014 amid allegations of scams. Join the debate on Dr. Singh's legacy, a complex blend of economic triumph and political shadows. This video is a reminder that even the most renowned leaders can confront adversity, leaving behind a legacy that sparks ongoing discussion.

Subscribe now for more insightful stories and historical perspectives on influential leaders who shaped the course of India's history.

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