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Manmohan Singh: The silent Prime Minister or a humane economist?
The New Indian Express Madurai
|December 28, 2024
EXPECTATIONS of Dr Manmohan Singh, the trailblazer of India's new economic policy, is no more. Economists around the world remember him for his brilliance and humility, and predominantly for his role in opening up the state-controlled Indian economy, when he was appointed Finance Minister of India in 1991.
The NIPFP (the think tank of finance ministry where I work) had immense opportunities to work with him. It is interesting to recall that in 2004, when Singh was named as Indian Prime Minister, India was embarking into a Common Minimum Programme with dual objectives of economic growth and equity. I remember it was a tough call, given the constrained fiscal space for expenditure design for the poor under the new fiscal rules to contain the mounting fiscal deficits.
Making efforts to phase out revenue deficit, while designing innovative revenue spending for MNREGA to ensure job guarantee schemes, was a tough call during his regime.
Denne historien er fra December 28, 2024-utgaven av The New Indian Express Madurai.
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FLERE HISTORIER FRA The New Indian Express Madurai
The New Indian Express Madurai
₹7,300 cr push for rare earth atmanirbharta
AMID a shortage of rare earth magnets blamed on China's export restrictions, the Centre on Wednesday approved a ₹7,280-crore scheme to boost domestic manufacturing of these critical materials.
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The New Indian Express Madurai
IPOs DO BOTH: REWARD RISK AND FUND GROWTH
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The New Indian Express Madurai
EC concerned over Bengal CEO's safety, Didi ups ante
EXPRESSING serious concern over a security breach at the West Bengal Chief Electoral Officer's (CEO) office, the national poll body on Wednesday sought an action-taken report (ATR) from Kolkata Police Commissioner Manoj Verma within 48 hours about the safety of the poll officers.
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The New Indian Express Madurai
Don't want food on VB? Ensure you tick the box while booking
IRCTC's decision to relocate the 'no food' option while booking Vande Bharat train tickets online has caused considerable confusion among commuters.
1 mins
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The New Indian Express Madurai
CJI says will 'consider' petition to revive NJAC, end collegium system
THE Supreme Court on Wednesday said that it will consider a plea to revive the National Judicial Appointments Commission (NJAC) to replace the current collegium system for appointment of judges in the higher judiciary.
1 mins
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The New Indian Express Madurai
'Constitution Day must be celebrated in schools': Modi hails right to vote
PRIME Minister Narendra Modi on Wednesday underscored the responsibility of strengthening India's democracy by exercising the right to vote, saying that Constitution Day should also be observed in schools and colleges by celebrating young people turning 18.
1 min
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The New Indian Express Madurai
Kharif season: Record production of rice, but oilseeds & pulse output down
THE agriculture ministry said the country's rice production during the kharif season that ended in October reached a record 124.
1 mins
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The New Indian Express Madurai
₹95cr pension arrears: HC tells secy to appear in court
THE Madras High Court has ordered the state finance secretary T Udhayachandran to personally appear before the court on December 5, in connection with a petition related to delay in settling long-pending pension benefits to the retired staff of University of Madras.
1 min
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The New Indian Express Madurai
Cages in MTR to catch tiger that killed woman
OFFICIALS of the Mudumalai Tiger Reserve (MTR) have decided to capture the tiger (MTRT37) that killed a tribal woman by placing two cages at Mavanallah near Masinagudi.
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The New Indian Express Madurai
Constitution a guiding vision for India's rise, says Prez
PRESIDENT Droupadi Murmu and Vice-President C P Radhakrishnan reminded the nation on Constitution Day on Wednesday that India's democratic spirit, rooted in its people and its Constitution, continues to guide the country's ambitious journey toward becoming a developed nation.
1 mins
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