Manmohan Singh
Manmohan Singh was born on 26-September-1932, to Gurmukh Singh and Amrit Kaur in Gah, Punjab, (now in Chakwal District, Pakistan), British India, into a Sikh Khatri family. He is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. A Sikh, he was the first non-Hindu to occupy the office. Singh is also the 7th Prime Minister belonging to the Indian National Congress party.
He lost his mother when he was very young and was raised by his paternal. Grandmother, to whom he was very close after the Partition of India, his family migrated to Amritsar, India, where he studied at Hindu College. He attended Punjab University, Chandigarh, studying Economics and got his bachelor's and master's degrees in 1952 and 1954, respectively, standing first throughout his academic career. He went on to read for the Economics Tripos at Cambridge as a member of St John's College. He won the Wright's Prize for distinguished performance in 1955 and 1957. He was also one of the few recipients of the Wrenbury scholarship. In 1962, Singh completed his studies from the University of Oxford where he was a member of Nuffield College. The title of his doctoral thesis was "India’s export performance, 1951–1960, export prospects and policy implications" and his thesis supervisor was Dr. I.M.D. Little. This thesis later grew into the book "India’s Export Trends and Prospects for Self-Sustained Growth".
Singh married Gursharan Kaur in 1958, had three daughters, Upinder Singh, Daman Singh and Amrit Singh.
In 1997, the University of Alberta awarded him an Honorary Doctor of Law degree. The University of Oxford awarded him an honorary Doctor of Civil Law degree in July 2005, and in October 2006, the University of Cambridge followed with the same honour. St. John's College further honoured him by naming a Ph.D Scholarship after him, the Dr. Manmohan Singh Scholarship. In 2008, he was awarded honorary Doctor of Letters degree by Benaras Hindu University and later that year he was awarded an honorary doctorate degree by University of Madras. In 2010, he was awarded honorary doctorate degree by King Saud University.
After completing his Ph.D., Singh worked for the United Nations Conference on Trade and Development (UNCTAD) from 1966–1969. During the 1970s, he taught at the University of Delhi and worked for the Ministry of Foreign Trade with the former Cabinet Minister for Foreign Trade, Lalit Narayan Mishra. As the Minister of Foreign Trade, Lalit Narayan Mishra was one of the first to recognize Singh's talent as an economist and appointed him his advisor at the Ministry of Foreign Trade. Singh and Mishra first met, coincidentally, on a flight from India to Chile. Mishra was on his way to Santiago, Chile to attend an UNCTAD meeting.
In 1982, he was appointed the Governor of the Reserve Bank of India and held the post until 1985. He went on to become the deputy chairman of the Planning Commission of India from 1985 to 1987. Following his tenure at the Planning Commission, he was Secretary General of the South Commission, an independent economic policy think tank headquartered in Geneva, Switzerland from 1987 to 1990.
In 1991, India's Prime Minister at the time, P.V. Narasimha Rao, chose Singh to be his Finance Minister. At this time, India's fiscal deficit was close to 8.5 per cent of the gross domestic product, the balance of payments deficit was huge and the current account deficit was close to 3.5 percent of India's GDP. India's foreign reserves barely amounted to USD$1 billion, enough to pay for a few weeks of imports, in comparison to USD$283 billion today.
Evidently, India was facing an economic crisis. At this point, the government of India sought relief from the supranational International Monetary Fund, which, while assisting India financially, imposed several conditions regarding India's economic policy. In effect, IMF-dictated policy meant that the ubiquitous Licence Raj had to be dismantled, and India's attempt at a state-controlled economy had to end. Accordingly, Singh, who had thus far been one of the most influential architects of India's socialist economy, slowly opened the Indian economy to foreign investment and business competition.
In 1993, Singh offered his resignation from the post of Finance Minister after a parliamentary investigation report criticised his ministry for not being able to anticipate a USD$1.8 billion securities scandal. Prime Minister Rao refused Singh's resignation, instead promising to punish the individuals directly accused in the report.
Singh was first elected to the upper house of Parliament, the Rajya Sabha, in 1991 and was re-elected in 2001 and 2007. From 1998 to 2004, while the Bharatiya Janata Party was in power, Singh was the Leader of the Opposition in the Rajya Sabha. In 1999, he contested for the Lok Sabha from South Delhi but was unable to win the seat.
A renowned economist, Singh is also regarded as one of the "greatest statesmen in Asian history". Shown here with Indian delegation at the 33rd G8 summit in Heiligendamm.
After the 2004 general elections, the Indian National Congress stunned the incumbent National Democratic Alliance (NDA) by becoming the political party with the single largest number of seats in the Lok Sabha. In a surprise move, United Progressive Alliance (UPA) Chairperson Sonia Gandhi declared Manmohan Singh, a technocrat, as the UPA candidate for the Prime Ministership. Despite the fact that Singh had never won a Lok Sabha seat, he "has enjoyed massive popular support, not least because he was seen by many as a clean politician untouched by the taint of corruption that has run through many Indian administrations. He took the oath as the Prime Minister of India on 22 May 2004.
Following the advice of IMF, in 1991, Singh as Finance Minister, officially freed India from the Licence Raj, source of slow economic growth and corruption in the Indian economy for decades. He liberalized the Indian economy, allowing it to speed up development dramatically. During his term as Prime Minister, Singh continued to encourage growth in the Indian market, enjoying widespread success in these matters. Singh, along with the former Finance Minister, P. Chidambaram, have presided over a period where the Indian economy has grown with an 8–9% economic growth rate. In 2007, India achieved its highest GDP growth rate of 9% and became the second fastest growing major economy in the world.
Singh is now a strong supporter of globalization, seeing India's immense labor capacity as a path to delivering Indian goods in a worldwide market and eventually relieving large-scale poverty.
General Elections in India held to the 15th Lok Sabha in five phases between 16 April 2009 and 13 May 2009. The results of the election were announced on 16 May 2009. Strong showing in Andhra Pradesh, Rajasthan, Maharashtra, Tamil Nadu, Kerala, West Bengal and Uttar Pradesh helped the United Progressive Alliance (UPA) form the new government under the incumbent Singh, who became the first prime minister since Jawaharlal Nehru in 1962 to win re-election after completing a full five-year term. The Congress and its allies were able to put together a comfortable majority with support from 322 members out of 543 members of the House. These included those of the UPA and the external support from the Bahujan Samaj Party (BSP), Samajwadi Party (SP), Janata Dal (Secular) (JD(S)), Rashtriya Janata Dal (RJD) and other minor parties.
On 22 May 2009, Manmohan Singh was sworn in as the Prime Minister during a ceremony held at Rashtrapati Bhavan. The 2009 Indian general election was the largest democratic election in the world held to date, with an eligible electorate of 714 million.
Person Data:
Name :MANMOHAN SINGH
Born :26-September-1932 (1932-09-26) (age 78)
Gah, British Raj (now Pakistan)
Political party :Indian National Congress
Spouse(s) :Gursharan Kaur (1958–present)
Children :3 daughters-Upinder singh,
Daman Singh,
Amrit singh
Residence :Panchavati (Official)
:Guwahati (Private)
Alma mater :Panjab University, Chandigarh
St John's College, Cambridge
Nuffield College, Oxford
Profession :Economist
Civil servant
Social worker
Professor
Religion :Sikhism
Present Address :7, Race Course Road, New Delhi
Manmohan Singh was born on 26-September-1932, to Gurmukh Singh and Amrit Kaur in Gah, Punjab, (now in Chakwal District, Pakistan), British India, into a Sikh Khatri family. He is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. A Sikh, he was the first non-Hindu to occupy the office. Singh is also the 7th Prime Minister belonging to the Indian National Congress party.
He lost his mother when he was very young and was raised by his paternal. Grandmother, to whom he was very close after the Partition of India, his family migrated to Amritsar, India, where he studied at Hindu College. He attended Punjab University, Chandigarh, studying Economics and got his bachelor's and master's degrees in 1952 and 1954, respectively, standing first throughout his academic career. He went on to read for the Economics Tripos at Cambridge as a member of St John's College. He won the Wright's Prize for distinguished performance in 1955 and 1957. He was also one of the few recipients of the Wrenbury scholarship. In 1962, Singh completed his studies from the University of Oxford where he was a member of Nuffield College. The title of his doctoral thesis was "India’s export performance, 1951–1960, export prospects and policy implications" and his thesis supervisor was Dr. I.M.D. Little. This thesis later grew into the book "India’s Export Trends and Prospects for Self-Sustained Growth".
Singh married Gursharan Kaur in 1958, had three daughters, Upinder Singh, Daman Singh and Amrit Singh.
In 1997, the University of Alberta awarded him an Honorary Doctor of Law degree. The University of Oxford awarded him an honorary Doctor of Civil Law degree in July 2005, and in October 2006, the University of Cambridge followed with the same honour. St. John's College further honoured him by naming a Ph.D Scholarship after him, the Dr. Manmohan Singh Scholarship. In 2008, he was awarded honorary Doctor of Letters degree by Benaras Hindu University and later that year he was awarded an honorary doctorate degree by University of Madras. In 2010, he was awarded honorary doctorate degree by King Saud University.
After completing his Ph.D., Singh worked for the United Nations Conference on Trade and Development (UNCTAD) from 1966–1969. During the 1970s, he taught at the University of Delhi and worked for the Ministry of Foreign Trade with the former Cabinet Minister for Foreign Trade, Lalit Narayan Mishra. As the Minister of Foreign Trade, Lalit Narayan Mishra was one of the first to recognize Singh's talent as an economist and appointed him his advisor at the Ministry of Foreign Trade. Singh and Mishra first met, coincidentally, on a flight from India to Chile. Mishra was on his way to Santiago, Chile to attend an UNCTAD meeting.
In 1982, he was appointed the Governor of the Reserve Bank of India and held the post until 1985. He went on to become the deputy chairman of the Planning Commission of India from 1985 to 1987. Following his tenure at the Planning Commission, he was Secretary General of the South Commission, an independent economic policy think tank headquartered in Geneva, Switzerland from 1987 to 1990.
In 1991, India's Prime Minister at the time, P.V. Narasimha Rao, chose Singh to be his Finance Minister. At this time, India's fiscal deficit was close to 8.5 per cent of the gross domestic product, the balance of payments deficit was huge and the current account deficit was close to 3.5 percent of India's GDP. India's foreign reserves barely amounted to USD$1 billion, enough to pay for a few weeks of imports, in comparison to USD$283 billion today.
Evidently, India was facing an economic crisis. At this point, the government of India sought relief from the supranational International Monetary Fund, which, while assisting India financially, imposed several conditions regarding India's economic policy. In effect, IMF-dictated policy meant that the ubiquitous Licence Raj had to be dismantled, and India's attempt at a state-controlled economy had to end. Accordingly, Singh, who had thus far been one of the most influential architects of India's socialist economy, slowly opened the Indian economy to foreign investment and business competition.
In 1993, Singh offered his resignation from the post of Finance Minister after a parliamentary investigation report criticised his ministry for not being able to anticipate a USD$1.8 billion securities scandal. Prime Minister Rao refused Singh's resignation, instead promising to punish the individuals directly accused in the report.
Singh was first elected to the upper house of Parliament, the Rajya Sabha, in 1991 and was re-elected in 2001 and 2007. From 1998 to 2004, while the Bharatiya Janata Party was in power, Singh was the Leader of the Opposition in the Rajya Sabha. In 1999, he contested for the Lok Sabha from South Delhi but was unable to win the seat.
A renowned economist, Singh is also regarded as one of the "greatest statesmen in Asian history". Shown here with Indian delegation at the 33rd G8 summit in Heiligendamm.
After the 2004 general elections, the Indian National Congress stunned the incumbent National Democratic Alliance (NDA) by becoming the political party with the single largest number of seats in the Lok Sabha. In a surprise move, United Progressive Alliance (UPA) Chairperson Sonia Gandhi declared Manmohan Singh, a technocrat, as the UPA candidate for the Prime Ministership. Despite the fact that Singh had never won a Lok Sabha seat, he "has enjoyed massive popular support, not least because he was seen by many as a clean politician untouched by the taint of corruption that has run through many Indian administrations. He took the oath as the Prime Minister of India on 22 May 2004.
Following the advice of IMF, in 1991, Singh as Finance Minister, officially freed India from the Licence Raj, source of slow economic growth and corruption in the Indian economy for decades. He liberalized the Indian economy, allowing it to speed up development dramatically. During his term as Prime Minister, Singh continued to encourage growth in the Indian market, enjoying widespread success in these matters. Singh, along with the former Finance Minister, P. Chidambaram, have presided over a period where the Indian economy has grown with an 8–9% economic growth rate. In 2007, India achieved its highest GDP growth rate of 9% and became the second fastest growing major economy in the world.
Singh is now a strong supporter of globalization, seeing India's immense labor capacity as a path to delivering Indian goods in a worldwide market and eventually relieving large-scale poverty.
General Elections in India held to the 15th Lok Sabha in five phases between 16 April 2009 and 13 May 2009. The results of the election were announced on 16 May 2009. Strong showing in Andhra Pradesh, Rajasthan, Maharashtra, Tamil Nadu, Kerala, West Bengal and Uttar Pradesh helped the United Progressive Alliance (UPA) form the new government under the incumbent Singh, who became the first prime minister since Jawaharlal Nehru in 1962 to win re-election after completing a full five-year term. The Congress and its allies were able to put together a comfortable majority with support from 322 members out of 543 members of the House. These included those of the UPA and the external support from the Bahujan Samaj Party (BSP), Samajwadi Party (SP), Janata Dal (Secular) (JD(S)), Rashtriya Janata Dal (RJD) and other minor parties.
On 22 May 2009, Manmohan Singh was sworn in as the Prime Minister during a ceremony held at Rashtrapati Bhavan. The 2009 Indian general election was the largest democratic election in the world held to date, with an eligible electorate of 714 million.
Person Data:
Name :MANMOHAN SINGH
Born :26-September-1932 (1932-09-26) (age 78)
Gah, British Raj (now Pakistan)
Political party :Indian National Congress
Spouse(s) :Gursharan Kaur (1958–present)
Children :3 daughters-Upinder singh,
Daman Singh,
Amrit singh
Residence :Panchavati (Official)
:Guwahati (Private)
Alma mater :Panjab University, Chandigarh
St John's College, Cambridge
Nuffield College, Oxford
Profession :Economist
Civil servant
Social worker
Professor
Religion :Sikhism
Present Address :7, Race Course Road, New Delhi
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