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Manmohan Singh's legacy: 1991 reforms, rights-based laws, nuclear deal

Singh's term as Prime Minister also witnessed several landmark decisions which, in a way, were built on the foundation he laid as finance minister

Manmohan Singh
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Singh, who passed away at 92 last week, spearheaded India’s reform efforts as Union finance minister under Rao’s leadership, and 1991 marked a new beginning for the Indian economy

Business Standard Editorial Comment Mumbai
In the life of a nation, there are times that leave a lasting imprint, to be remembered by generations to come. The year 1991 was one such momentous year in India’s contemporary history. The country was struggling with both political and economic instability. It went for Lok Sabha polls for the second time within two years, having seen two coalition governments failing to achieve much. As the country began voting with hope in the summer of 1991, the nation was shocked by the killing of former Prime Minister Rajiv Gandhi in a terror attack. While the Congress emerged as the