Browsing Tag
Manmohan
1 post
6 key reforms by Manmohan Singh that transformed India’s economy
As Finance Minister under P.V. Narasimha Rao government, Manmohan Singh devalued the rupee and reduced import tariffs, integrating India into the global economy.Rupee Devaluation and Trade LiberalisationSingh deregulated nearly 80% of the industrial sector, reducing public-sector-exclusive industries from 17 to 8, encouraging private enterprise and foreign investments.Abolition of Licence RajUnder his leadership, SLR and CRR