A day after Budget, Congress pays tribute to reformist Manmohan Singh who laid the 'path of monumental growth'
Nirmala Sitharaman presented her seventh and Modi 3.0's first union budget in the Parliament, Congress paid tribute to former Prime Minister Manmohan Singh for his contribution in ushering India into a new economic era.
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The opposition party took to X to thank the former Prime Minister for the role he played in reshaping the Indian economy.
«Today, on the anniversary of 1991 Economic Reforms, we thank Dr. Manmohan Singh for its formulation under the leadership of P. V. Narsimha Rao.»
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More NewsThe Union Budget of 1991
Amidst an economic downfall, a crisis in the Gulf and an instable political landscape, India was introduced to a new, liberal economy in the year 1991. The then Finance Minister Manmohan Singh had presented the Union Budget 1991-92 under the P.V. Narsimharao government.
«I present to you the budget of 1991-92», said Minister Singh, when he stood to present the union budget that would take the Indian economy into the direction of liberalisation, globalisation and privatisation. The budget marked a significant shift towards a markets-focused economy.
This paved the way for rapid economic
