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Dr. Manmohan Singh also provided all the facilities to the middle class which are available to the rich class. Manmohan Singh made cars, computers, electronic equipment etc. cheaper through economic liberalisation. The entry of mobile technology and internet in India opened a new direction of employment. Today there are crores of jobs based on mobile and internet technology in India. Goes to Manmohan Singh. Bringing everything including branded shoes, mobiles, branded clothes, international food franchises made the youth realize that we are not backward. Manmohan Singh improved the life of the middle class by bringing to India whatever is there in other developed countries of the world.
Dr. Manmohan Singh Kohli, who served as the Prime Minister of India for 10 long years, has finally left us forever. Dr., the pioneer of economic prosperity of modern India and the hero of the golden chapter of the country’s history. Manmohan Singh was ill for a long time. When his health worsened on Thursday night, he was taken to AIIMS, New Delhi at 8 pm, but doctors could not save him. After a struggle of one and a half hour, he was finally declared dead at around 10 pm.
Dr. It would be no exaggeration to say that the death of Manmohan Singh marked the end of an era in the history of independent India. Manmohan Singh did very commendable work first as Finance Minister and then as Prime Minister of the country. As Finance Minister, he not only saved the country’s economy which was on the verge of bankruptcy but also made it a strong economy.
When Manmohan Singh became Prime Minister in 1991, the economic situation was bad. At the time of Chandrashekhar, the country’s gold lying in the Reserve Bank for years had come to be mortgaged and the government did not have money to pay salaries to the employees. In January 1991, India’s foreign exchange was less than $1 billion. Help was sought from the International Monetary Fund (IMF) because there were not enough dollars to import crude oil. IMF gave 755 million dollars to India, could not get anything back, hence had to extend its hand to other countries. No country was ready to help, hence a proposal was made to sell the country’s gold, but due to heavy opposition, it was confiscated from smugglers. The 20 tonnes of gold recovered was pledged to Switzerland’s USB Bank and a loan of $200 million was taken.
When Narasimha Rao became Prime Minister in June 1991, Chandrashekhar handed him a burning house. As Finance Minister, Dr. Manmoh Singh had no option but to pledge the gold, so in July 1991, the Reserve Bank took a loan of Rs 40 crore by pledging a total of 46.91 tonnes of gold in the Bank of England and the Bank of Japan. Dr. The proof of how capable Manmohan Singh was is that in December 1991, he took back the mortgaged 46.91 tonnes of gold after repaying a loan of 40 million dollars. By paying another 200 million dollars, the gold mortgaged in USB Bank was also redeemed.
Manmohan Singh had given proof of his capability even in 2008 when he was the Prime Minister. After the collapse of Lehman Brothers in America, private banks started collapsing. Recession has re-emerged all over the world but it had no impact on India. At that time, Manmohan Singh reduced the interest rate so that people take loans and spend money so that money flows in the market. The government has started big infrastructure projects so that people get employment and are not affected by the global recession. The relaxation of foreign investment rules also brought in a large amount of foreign investment. With all these measures, Manmohan kept the Indian economy stable even during the recession.
Many existing schemes of Modi government. It started during the reign of Manmohan Singh and was later renamed. Other initiatives including Aadhaar and GST also took place during his tenure. Dr. had also done the work of establishing BRICS and giving a new direction to the foreign policy by signing the nuclear deal with America. It happened during the time of Manmohan Singh.
Dr. Manmohan Singh had seen the poor condition of the Indian economy in the past, so to prevent such a situation from happening again, he enriched India’s gold reserves. When Manmohan Singh became Prime Minister in 2004, the Reserve Bank had less than 100 tonnes of gold. Dr. Manmohan Singh started buying gold little by little. In 2009 he bought 200 tonnes of gold for $6.7 billion and increased India’s gold reserves. When Manmohan Singh government left in 2014, India had 557 tonnes of gold.
Dr. Manmohan Singh is considered the hero of the middle class because he provided all the facilities to the middle class which the rich class enjoys. Manmohan Singh made cars, computers, electronic equipment etc. cheaper through economic liberalisation. The entry of mobile technology and internet in India opened a new direction of employment. Today there are crores of jobs based on mobile and internet technology in India. Goes to Manmohan Singh. Bringing everything including branded shoes, mobiles, branded clothes, international food franchises made the youth realize that we are not backward. Manmohan Singh improved the life of the middle class by bringing to India everything that was present in other developed countries of the world.
Before Manmohan Singh, in the system of socialism, multinational companies were not allowed to come here. The economy depended on government officials. By the end of the 1980s in India, there was an atmosphere of depression among the youth because there were no jobs. On the other hand, the lightweight politicians did not come out of the casteist game including reservation. Economic reforms created huge amounts of employment and dealt a blow to the despair prevailing among the youth of the country. A new era of economic prosperity has begun in the country and we are tasting its fruits.
Dr. A journalist called Manmohan Singh an accidental Prime Minister, but this accident proved to be a happy one for the country.
No one knows Manmohan’s family, never took any advantage
Leaders in India leave no stone unturned to benefit their families after gaining power, Dr. Manmohan Singh was a politician who never benefited his family. Rather, his family never came into the limelight. Despite being the Prime Minister of the country for 10 years, most of the people are from India. Don’t know about Manmohan Singh’s family. Most people do not know what their spouse or children do.
When Manmohan Singh got married in 1958, he was 26 years old while his wife Gursharan Kaur was 21 years old. This marriage produced three daughters named Upinder, Daman and Amrit. Manmohan Singh’s three daughters are highly educated and have their own distinct identities, so they never needed any conversation. Gursharan Kaur herself is known as a singer of Sikh religious hymns or kirtan.
Upinder Singh is a professor of history in Ashoka University and is a big name. Upinder Singh has also been the head of the history department in Delhi University. Upinder Singh has written a total of six books including Ancient Delhi, History of India. Middle daughter Daman Singh is also a writer and her husband is an IPS officer. Both have a son Rohan. Nana’s daughter Amrit Singh is a lawyer at the American Civil Liberties Union and lives in New York.