Manmohan Singh




INTRODUCTION

Manmohan Singh is the Prime Minister of the Republic of India. He is the first Indian Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. He is also the first Sikh to hold the post. In 2010 TIME magazine listed him among the 100 most influential people in the world.

Earlier, during his tenure as the Finance Minister from 1991 to 1996, Singh was widely credited for carrying out economic reforms in India in 1991 which resulted in the end of the infamous Licence Raj system and the opening up of the Indian economy.


BACKGROUND

An economist by profession, Singh was the Governor of the Reserve Bank of India from 1982 to 1985, the Deputy Chairman of the Planning Commission of India from 1985 to 1987 and the Finance Minister of India from 1991 to 1996. He is also a Rajya Sabha member from Assam, currently serving his fourth term.

Manmohan Singh is a graduate of Punjab University, Chandigarh, the University of Cambridge, and the University of Oxford. After serving as the Governor of the Reserve Bank of India and the Deputy Chairman of the Planning Commission of India, Singh was appointed as the Union Minister of Finance in 1991 by then-Prime Minister Narasimha Rao. During his tenure as the Finance Minister, Singh was widely credited for carrying out liberalising reforms in India in 1991 which resulted in the end of the Licence Raj system.

Following the 2004 general elections, Singh was unexpectedly declared as the Prime Ministerial candidate of the Indian National Congress-led United Progressive Alliance. He was sworn in as the prime minister on 22 May 2004, along with the First Manmohan Singh Cabinet. After the Indian National Congress won the 2009 general elections, On 22 May 2009, Manmohan Singh was sworn in as the Prime Minister at the Asoka Hall of Rashtrapati Bhavan.


CHILHOOD AND EDUCATION


Manmohan Singh was born to Gurmukh Singh and Amrit Kaur on 26 September 1932, in Gah, Punjab (now in Chakwal District, Pakistan), British India, into a Sikh family. He lost his mother when he was very young, and he was raised by his paternal grandmother, to whom he was very close. He was a hard working student who studied by candlelight, as his village did not have electricity. After the Partition of India, he migrated to Amritsar, India. He attended Punjab University, Chandigarh studying Economics and attaining his bachelor's and master's degrees in 1952 and 1954 respectively, standing first throughout his academic career. He went on to read for the Economics Tripos at Cambridge as a member of St John's College. (In the Oxbridge tradition, holders of the BA degree with honours are entitled in due course to an MA degree.) He won the Wright's Prize for distinguished performance in 1955 and 1957. He was also one of the few recipients of the Wrenbury scholarship. In 1962, Singh completed his DPhil from the University of Oxford where he was a member of Nuffield College. The title of his doctoral thesis was "India’s export performance, 1951–1960, export prospects and policy implications", and his thesis supervisor was Dr I M D Little. From this thesis he published the book "India’s Export Trends and Prospects for Self-Sustained Growth".

In 1997, the University of Alberta presented him with an Honorary Doctor of Laws. The University of Oxford awarded him an honorary Doctor of Civil Law degree in June 2006, and in October 2006, the University of Cambridge followed with the same honour. St. John's College further honoured him by naming a PhD Scholarship after him, the Dr Manmohan Singh Scholarship


EARLY CAREER


After completing his D.Phil, Singh worked for United Nations Conference on Trade and Development (UNCTAD) from 1966–1969. During the 1970s, he taught at the University of Delhi and worked for the Ministry of Foreign Trade with then Cabinet Minister for Foreign Trade Lalit Narayan Mishra and for Finance Ministry of India. In 1982, he was appointed the Governor of the Reserve Bank of India and held the post until 1985. He went on to become the deputy chairman of the Planning Commission of India from 1985 to 1987.


FINANCE MINISTER


In 1991, India's then-Prime Minister, P.V. Narasimha Rao, chose Singh to be the Finance Minister. At the time, India was facing an economic crisis. Rao and Singh implemented policies to open up the economy and change the socialist economic system to a capitalist economy. The economic reform package included dismantling the Licence Raj that made it difficult for private businesses to exist and prosper, removal of many obstacles for Foreign Direct Investment (FDI) and initiating the process of the privatisation of public sector companies. These economic reforms are credited with bringing high levels of economic growth in India, and changing the annual 3%, to an average of 8–9% economic growth in the following years. However, in spite of these reforms, Rao's government was voted out in 1996 due to non-performance of government in other areas.

In 1993 Dr. Singh offered his resignation from the post of Finance Minister after a parliamentary investigation report criticised his ministry for not being able to check and anticipate a $1.8 billion dollar securities scandal.The then Prime Minister P. V. Narasimha Rao refused the resignation, instead promising to punish the individuals mentioned in the report.


CAREER IN THE RAJYA SABHA

Singh was first elected to the upper house of Parliament, the Rajya Sabha, in 1991 and was re-elected in 2001 and 2007. From 1998 to 2004, while the Bharatiya Janata Party was in power, Singh was the Leader of the Opposition in the Rajya Sabha. In 1999, he ran for the Lok Sabha from South Delhi but was unable to win the seat.Some opposition parties have criticised Singh's election as a Rajya Sabha member from Assam, arguing that he was not eligible to become a Member of Parliament from a state where he does not reside.


PRIME MINISTERSHIP

After the 2004 general elections, the Indian National Congress stunned the incumbent National Democratic Alliance (NDA) by becoming the political party with the single largest number of seats in the Lok Sabha. In a surprise move, United Progressive Alliance (UPA) Chairwoman Sonia Gandhi declared Manmohan Singh, a technocrat, as the UPA candidate for the Prime Minister post. Despite the fact that Singh had never won a Lok Sabha seat, he "has enjoyed massive popular support, not least because he was seen by many as a clean politician untouched by the taint of corruption that has run through many Indian administrations." He took the oath as the Prime Minister of India on 22 May 2004. Opposition parties in India, particularly the BJP, allege that Sonia Gandhi, the current Chairperson of the United Progressive Alliance, enjoys greater say in government affairs than the Prime Minister. Manmohan Singh and government officials have strongly rebuked the charge.


FOREIGN POLICY

Manmohan Singh's Government has continued the pragmatic foreign policy that was started by P.V. Narasimha Rao and continued by Bharatiya Janata Party's Atal Bihari Vajpayee. The Prime Minister has continued the peace process with Pakistan initiated by his predecessor, Atal Bihari Vajpayee. Exchange of high-level visits by top leaders from both countries have highlighted his tenure, as has reduced terrorism and increased prosperity in the state of Kashmir. Efforts have been made during Singh's tenure to end the border dispute with People's Republic of China. In November 2006, Chinese President Hu Jintao visited India which was followed by Singh's visit to Beijing in January 2008. A major development in Sino-Indian relations was the reopening of the Nathula Pass in 2006 after being closed for more than four decades. As of 2010, the People's Republic of China is the second biggest trade partner of India.

Relations with Afghanistan have also improved considerably, with India now becoming the largest regional donor to Afghanistan. During Afghan President Hamid Karzai's visit to New Delhi in August 2008, Manmohan Singh increased the aid package to Afghanistan for the development of more schools, health clinics, infrastructure, and defence. Under the leadership of Singh, India has emerged as one of the single largest aid donors to Afghanistan.

Singh's government has worked towards stronger ties with the United States. He visited the United States in July 2005 initiating negotiations over the Indo-US civilian nuclear agreement. This was followed by George W. Bush's successful visit to India in March 2006, during which the declaration over the nuclear agreement was made, giving India access to American nuclear fuel and technology while India will have to allow IAEA inspection of its civil nuclear reactors. After more than two years for more negotiations, followed by approval from the IAEA, Nuclear Suppliers Group and the US Congress, India and the U.S. signed the agreement on 10 October 2008.

Prime Minister Singh had the first official state visit to the White House during the administration of U.S. President Barack Obama. The visit took place in November 2009, and several discussions took place, including on trade and nuclear power. It was set during a wider visit to the United States by Dr. Singh.

During Singh's tenure as Prime Minister, relations have improved with Japan and European Union countries, like the United Kingdom, France, and Germany. Relations with Iran have continued and negotiations over the Iran-Pakistan-India gas pipeline have taken place. New Delhi hosted an India–Africa Summit in April 2006 which was attended by the leaders of 15 African states. Relations have improved with other developing countries, particularly Brazil and South Africa. Singh carried forward the momentum which was established after the "Brasilia Declaration" in 2003 and the IBSA Dialogue Forum was formed.

Manmohan Singh's government has also been especially keen on expanding ties with Israel. Since 2003, the two countries have made significant investments in each other and Israel now rivals Russia to become India's defence partner. Though there have been a few diplomatic glitches between India and Russia, especially over the delay and price hike of several Russian weapons to be delivered to India, relations between the two remain strong with India and Russia signing various agreements to increase defence, nuclear energy and space cooperation.


ECONOMIC POLICY


Singh first became the finance minister of India in the year 1991. During which time India's fiscal deficit was close to 8.5 per cent of the gross domestic product; the balance of payments deficit was huge and the current account deficit was close to 3.5 per cent of GDP. Essentially the country was hemorrhaging money. It was during this time Singh opened the Indian economy to foreign investment and introduced competition. At the time Indian foreign reserve was barely a billion dollars as compared to $283 billion today. Singh also freed India from the strong hold of License Raj – which created social instability and low economic growth – and essentially liberalising Indian economy, which put the country on fast track for development. Singh, along with the former Finance Minister, P. Chidambaram, have presided over a period where the Indian economy has grown with an 8–9% economic growth rate. In 2007, India achieved its highest GDP growth rate of 9% and became the second fastest growing major economy in the world. Singh is a strong believer of globalisation, and the fact that with India's immense labour-intensive capacity, its goods would be able to find its way on the world market and relieve poverty.

Singh's government has continued the Golden Quadrilateral and the highway modernisation program that was initiated by Vajpayee's government. Singh has also been working on reforming the banking and financial sectors as well as public sector companies. The Finance ministry has been working towards relieving farmers of their debt and has been working towards pro-industry policies. In 2005, Singh's government introduced the Value added tax that replaced the complicated sales tax. In 2007 and early 2008, inflation became a big problem globally.


PERSONAL LIFE


Singh married Gursharan Kaur in 1958. However, the family has largely stayed out of the limelight. Their three daughters – Upinder, Daman and Amrit, have successful, non-political, careers.Upinder Singh is a professor of history at Delhi University. She has written six books, including Ancient Delhi (1999) and A History of Ancient and Early Medieval India (2008).Daman Singh is a graduate of St. Stephen's College, Delhi and Institute of Rural Management, Anand, Gujarat, and author of The Last Frontier: People and Forests in Mizoram and a novel Nine by Nine. Amrit Singh is a staff attorney at the ACLU.

Singh has undergone multiple cardiac bypass surgeries, most recently in January 2009. He resumed his duties on 4 March 2009.













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