MANMOHAN SINGH, who passed away on Thursday, didn't have the common attributes of a successful politician, but not only that he became one, but turned out making a seminal contribution to the country's economic regulatory structure. Even among heavyweight politicians, who enjoyed large mass support and loyalties, few could bring in radical policy overhauls as Singh did.
The sweeping policy changes that he initiated as the finance minister in the first half of the 1990s in the P.V. Narasimha Rao government involved high political stakes, but he still managed to carry them out, thanks to solid support from Rao.
This story is from the December 28, 2024 edition of Financial Express Mumbai.
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This story is from the December 28, 2024 edition of Financial Express Mumbai.
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