Everything to know about this late night call – India TV

Dr Manmohan Singh passed away on Thursday evening at AIIMS, Delhi, at the age of 92, due to age-related health problems. Suddenly, he lost consciousness at his home, after which he was rushed to AIIMS Delhi. Manmohan Singh was born on September 26, 1932. Apart from being an economist, he served as the Governor of the Reserve Bank of India from 1982 to 1985. Significantly, he was the 13th Prime Minister of India with his tenure as 2004 to 2014 and the longest serving Prime Minister after Jawaharlal Nehru and Indira Gandhi.

How Dr Manmohan Singh landed in politics

As chairman of the University Grants Commission, Dr Manmohan Singh had just returned from a conference in the Netherlands when he received a late-night call that changed India’s economic landscape and his career trajectory.

In 1991, when PV Narasimha Rao took over as Prime Minister, the country was grappling with a balance of payments crisis and political troughs and the world was shaken by the fall of the Soviet Union. At that point, Dr Singh was awakened by a call “out of the blue” from Rao’s principal secretary PC Alexander, who told him that he was the choice to be the finance minister.

“He also jokingly told me that if things worked out well, we would all take the credit, and if things didn’t work out well, I would be fired,” he said in the book “Strictly Personal : Manmohan and Gursharan” written by his daughter Daman. Singh.

Manmohan Singh was called to Rashtrapati Bhavan to take oath

In the same year 1991, on June 21, Dr. Manmohan Singh was called to the Rashtrapati Bhavan to take oath. This swearing-in marked the beginning of a change in the Indian economic landscape, with liberalization opening the Indian economy to the world, although Rao, a skeptic, was later convinced by Dr Singh.

After this, Dr. Manmohan Singh also freed most industries from licensing control, amended the Monopolies and Restrictive Trade Practices Act, introduced a new tax regime and ended public sector monopoly in many sectors .

Dignitaries pay last respects to Manmohan Singh

Various dignitaries, including President Droupadi Murmu, Prime Minister Modi and Home Minister Amit Shah, paid their last respects to former Prime Minister Manmohan Singh at his residence in Delhi on Friday.

Dr Manmohan Singh, famous for introducing the 1991 economic liberalization reforms as India’s finance minister, will be cremated near Rajghat, the place where the last rites of prime ministers take place.

As Finance Minister of India in the government of PV Narasimha Rao, Dr. Manmohan Singh was credited with the country’s economic liberalization in 1991. The reforms made the Indian economy more accessible to foreign investors, which increased FDI and reduced government control. They have contributed greatly to the economic growth of the country.

The Manmohan Singh government also introduced the National Rural Employment Guarantee Act (NREGA), later known as MGNREGA. The Right to Information (RTI) Act was passed in 2005 during the Manmohan Singh government, which improved transparency of information between the government and the public.

He retired from the Rajya Sabha earlier this year after serving for 33 years.