Manmohan Singh: The phone call in 1991 that changed a nation ...Middle East

In June 1991, Manmohan Singh was unexpectedly appointed as India's Finance Minister by PV Narasimha Rao. Singh, along with Rao, initiated major economic reforms that transformed India's economy from a low-growth state to the fastest growing major economy. Singh's first budget abolished the licence-permit raj, liberalized industries, and focused on fiscal consolidation, significantly boosting India's economic outlook.

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