How Manmohan Singh Defended Landmark 1991 Union Budget
New Delhi: Manmohan Singh, the architect of India’s economic reforms, had to literally face a trial-by-fire to ensure widespread acceptance of his path-breaking Union Budget of 1991 that saw the nation rise from its darkest financial crises. Dr Singh, the newly-appointed finance minister in the P V Narasimha Rao-led government, did it with great elan…
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