New Delhi:
Condolence messages from economists mourning the loss of life of former Prime Minister Manmohan Singh poured in on Friday, with IMF Deputy Director Gita Gopinath stating that the financial reforms he ushered in as finance minister in 1991 had impressed numerous younger economists like her.
“Dr. Manmohan Singh’s 1991 price range unshackled India’s financial system, considerably enhancing the financial prospects for lots of of hundreds of thousands of Indians. His visionary reforms impressed numerous younger economists like me. Relaxation in peace, Dr. Manmohan Singh,” Gita Gopinath mentioned on X.
Sanjeev Sanyal, member of the Financial Advisory Council to the Prime Minister (EAC-PM), mentioned that his era of Indians was the creation of the financial reforms launched by Finance Minister Manmohan Singh and Prime Minister Rao in 1991.
“As I’ve mentioned earlier than, the 2 most vital years of the 20th century for India had been 1947 and 1991 — one introduced political freedom and the opposite financial freedom. Manmohan Singh will at all times be remembered for saying the Nice Liberalisation…” Sanyal mentioned.
Condolence messages additionally got here in from industrialists for the previous Prime Minister and former finance minister who had performed a key function in opening up the Indian financial system and breaking away from the erstwhile licence-permit raj that had shackled business.
JSW Group chairman and MD, Sajjan Jindal, mentioned; “Saddened by the passing of Dr. Manmohan Singh ji, former Prime Minister of India and the visionary chief behind India’s financial liberalisation. A statesman of humility and wisdom-India owes him a debt of gratitude.”
The US-India Enterprise Council expressed deep condolences following the passing of Dr Singh, highlighting his important contributions to strengthening the connection between america and India.
USIBC praised Dr Singh for his pivotal function in within the 2008 Civil Nuclear Settlement between the 2 international locations and financial reforms that formed fashionable bilateral ties.
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