India is in mourning following the death of former prime Minister manmohan Singh ⁢at ⁢age 92. His ⁢passing on Tuesday, December 26, 2024, prompted a wave of tributes ​from across the political spectrum and the business world.

Prime Minister Narendra ​Modi, in a post on X (formerly‌ Twitter), described Singh ‍as⁤ one of India’s “most distinguished leaders,” a testament too his enduring ⁤legacy. modi’s Bharatiya Janata Party (BJP) succeeded Singh’s Congress-led coalition in ‍2014.

Modi further⁢ praised Singh as a “respected economist”‍ whose⁢ influence on India’s economic policies remains profound.⁢ “He left a strong imprint,” Modi noted, highlighting Singh’s significant contributions.

Before his premiership, ⁣Singh held​ key positions, including Governor of the ⁣Reserve Bank of ⁤India (1982) and Finance Minister (1991). His⁤ tenure as Finance Minister was pivotal. He spearheaded crucial economic reforms, ⁢deregulating the indian economy and attracting substantial foreign investment.

Facing a severe balance-of-payments crisis in 1991,⁢ then-Prime⁢ Minister P.V. Narasimha Rao and Singh⁢ collaborated on bold economic liberalization measures. These reforms laid the groundwork for India’s remarkable economic growth in subsequent decades. Gautam Adani, India’s second-richest ​person, aptly summarized‍ this impact: “History will forever honor his pivotal role in the‌ transformative 1991 reforms that reshaped India‍ and opened its doors to the⁣ world.”

Singh’s return to the political forefront in 2004, as Prime Minister of a Congress-led coalition, marked a new chapter. His leadership⁣ from 2004 to⁤ 2014 saw periods of rapid GDP ⁤growth, enabling the implementation of significant social programs like the National Rural Employment Guarantee Act, a landmark initiative guaranteeing employment for the impoverished.

However, his later years in office were also ​marked by slower economic growth, stalled reforms, and allegations of corruption within the‍ government.

Singh’s legacy extends beyond domestic policy. He played a crucial role in strengthening India’s⁢ relationship with the United ‌States, making multiple visits as Prime Minister. ⁤A notable achievement was brokering a ‌deal in ⁣2006, ​during President George W. bush’s visit to India, securing access to U.S.⁣ nuclear ⁢technology for india. The U.S. Department of State acknowledged his contribution, stating: “dr. Singh was one of the greatest‍ champions of the U.S.-India⁣ strategic partnership,and his work⁣ laid the foundation for much of what our countries have accomplished together in ‍the past two​ decades.”

Beyond the U.S., singh also fostered stronger ties with Russia, further solidifying India’s position on the global ⁤stage. His‌ contributions to⁣ India’s economic⁣ and foreign policy will be remembered for generations to come.

Remembering Dr. Manmohan ⁣Singh: A Legacy of India-Russia Cooperation

The passing of former Indian Prime Minister Dr. Manmohan Singh marks the end of an era, notably in ⁤the context of⁤ India’s relationship with Russia. ‍ His consistent ⁣engagement with Russia, spanning​ decades, significantly shaped the bilateral ties between the two⁢ nations.

Dr. Singh was a key figure in the India-russia Annual Summit, a crucial forum established in 2000 to foster⁣ deeper collaboration between the two countries. ⁣ This initiative, reflecting a shared commitment to multilateralism, also played ​a vital role⁢ in strengthening‍ ties among BRICS nations (Brazil, Russia,⁢ India, China, and South Africa).

His dedication to strengthening these partnerships extended beyond formal summits. His‍ leadership fostered a climate of ‍trust and​ mutual understanding, paving the way for increased cooperation in various sectors, from energy and defense ‌to technology and trade. ⁢ The ‍impact of his diplomatic efforts continues to resonate today.

The significance of Dr. Singh’s contribution was eloquently summarized by Russian⁤ Ambassador to India, Denis Alipov, who‍ stated on X (formerly Twitter): “Dr. Manmohan Singh’s contribution to our‌ bilateral⁢ ties was immeasurable.”

This⁤ statement underscores the profound respect​ and recognition afforded to Dr.Singh’s legacy within the Russian diplomatic community. His commitment to fostering strong, mutually beneficial⁤ relationships with Russia serves⁤ as a testament to ‌his diplomatic ⁣acumen and ⁢enduring vision for India’s place on the world stage.His work has left an indelible mark⁢ on the strategic⁤ partnership between India and Russia, a relationship crucial for both nations’ ‌geopolitical standing.

The impact of Dr. Singh’s legacy extends beyond the bilateral relationship. His involvement in BRICS,a group representing a significant portion of the global‍ economy,highlights his commitment to‌ multilateral cooperation and a more balanced global order. His contributions to this forum have had a lasting impact on international relations and continue to​ shape global discussions on trade, development, and ‌security.

Remembering Manmohan Singh: Architect of India’s ‌modern Economy

India mourns ⁣the passing of former Prime Minister Manmohan Singh, a stalwart figure ⁤who shaped the nation’s ⁤economic⁤ landscape and⁤ steered its foreign policy during​ a ‌pivotal era. His ⁢transformative policies, both domestically and ⁢internationally, have left ⁤an indelible⁤ mark on India’s trajectory.



A Conversation with Dr. ‌Amitabh Sinha, Economist and political ⁣Analyst



World-Today News Senior Editor: Dr. Sinha, Manmohan Singh ‍is frequently‌ enough hailed as the architect of modern India’s economy. could you elaborate on this?



Dr.⁢ Amitabh‌ Sinha: ⁢ Indeed. Dr. Singh played a pivotal role in dismantling ‍the Licence Raj, India’s stifling⁢ bureaucratic control over⁣ the economy. as Finance Minister in ‌1991,⁣ he implemented ⁤a series of bold liberalisation ⁤measures, opening⁢ up sectors to foreign investment and‌ fostering competition. this ushered ‍in a period of sustained ‌economic growth and transformed India from a centrally planned economy to ⁤a‌ global player.



World-Today News Senior Editor: ​ What⁢ were ⁤some of the key reforms he spearheaded?



Dr. Amitabh⁤ Sinha: Key reforms included reducing​ trade ‌barriers, delicensing industries, and encouraging ⁢privatisation. ⁢He also focused ⁣on fiscal discipline and structural adjustments to strengthen the⁤ financial sector. These ​reforms laid the ​foundation for ​India’s emergence as a ⁣major​ economic power in the 21st century.



World-Today News Senior editor:‍ We ⁣can’t ⁣forget his tenure as Prime Minister. How would‌ you characterize ‌his leadership⁣ during that period?



Dr. Amitabh Sinha: ⁤Dr. Singh’s two​ terms as Prime​ Minister (2004-2014) were marked by a focus on inclusive growth. He oversaw meaningful ​social ⁣welfare programs, including the National rural employment ⁢Guarantee Act, which provided a ​safety net⁣ for millions in rural ​areas. His government also invested heavily in infrastructure development ⁤and education.



World-today News Senior Editor: His foreign policy was also noteworthy. How did he navigate India’s ​global relations?



Dr. Amitabh Sinha: Dr.Singh ​prioritized ‌strengthening ties with⁣ major global powers, ⁢particularly the United States. His efforts to ⁢secure access to U.S. nuclear technology in 2006 were a major diplomatic​ achievement.He also played​ a crucial role in⁣ fostering closer cooperation with Russia and⁢ other key partners within the⁢ BRICS framework.



World-Today News Senior Editor: what will be Dr.​ Singh’s enduring legacy?



Dr. Amitabh Sinha: Dr. ⁤Singh will be remembered as a visionary​ leader who steered India through a period of transformative change.⁤ His commitment to economic ​reform, social development, and a balanced ‍foreign policy ⁣has left a lasting impact on India’s⁣ journey ​towards becoming a global leader.