When Manmohan Singh was assigned the post of a Finance Minister by former Prime Minister Narsimha Rao, the people got alarmed. At that time the financial condition of our country was very bad. To bring it on the rail the Finance Minister Dr. Manmohan Singh announced many financial reforms with the financial help of the IMF (International Monetary Fund) and World Bank, with full support and backing of the Prime Minister Narsimha Rao succeeded in giving a new direction to the country. Today the conditions are different. Now he himself is a Prime Minister and besides him Smt. Sonia Gandhi is firmly established on important centre of power. In such a situation at what extent he would be able to implement his financial reforms, the time will only tell.
But today most of the citizens of the country are confident that they have got a sincere and learned Prime Minister. The present Congress Government lasts on the support of many political parties. The question arises whether this Government will be able to implement is desired financial reforms, especially with the support of Left (Communist) Parties. There is a doubt about it!
Dr. Manmohan Singh was born in Goha Village in Punjab (now in Pakistan). From the very beginning his education career was quite bright and glorious. He was always a progressive student. He got his B.A. (Hons) and M.A. degrees in Economics from the Punjab University, and then he got his M.Phil and PhD degrees from Cambridge and Oxford Universities. He taught in the Punjab University, Jawaharlal University and Delhi School of Economics. He was a Financial Advisor in the World Bank, ANCTAD and a General Secretary of... [continues]
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