English हिन्दी
Connect with us

India News

Manmohan Singh birthday: Here are the list of his key economic reforms

During his tenure as Prime Minister, Singh was trolled by the Opposition for being too silent but he was praised by many economists and leaders for the economic reforms which he brought during his tenure. He was also the Finance Minister of the country, 13 years before becoming the Prime Minister.

Published

on

Manmohan Singh

It has been seven years since Dr. Manmohan Singh left office as Prime Minister of India and passed on the baton to his successor Narendra Modi on 26th May 2014.

Born on September 26, 1932, former Prime Minister Manmohan Singh is always praised for his historic and crucial economic reforms which kick-started in 1991 brought about expansion of the services sector helped largely by a liberalised investment and trade regime.

Singh, the brain behind the 1991 economic reforms as the Union finance minister under then prime minister PV Narasimha Rao, was a surprise choice of the Congress-led United Progressive Alliance (UPA) after it won the 2004 general elections by defeating the rulling National Democratic Alliance (NDA).

During his tenure as Prime Minister, Singh was trolled by the Opposition for being too silent but he was praised by many economists and leaders for the economic reforms which he brought during his tenure. He was also the Finance Minister of the country, 13 years before becoming the Prime Minister.

Here’s a look at Manmohan Singh’s economic reforms which he brought during his tenure as Prime Minister

1. Direct Benefit Transfer (DBT)

The DBT was launched in 2013 to ensure the benefit of welfare schemes for a simpler and faster flow of funds and also to target financial frauds. The scheme helps to ensure that government benefits of pensions, wages, subsidies, scholarships, social security would directly be credited to the accounts of the beneficiaries.

2. Aadhaar Number

Launched on 28th January 2009, Aadhar faced challenges in its early implementation but has now become the most commonly used identification proof for Indians. It is the world’s largest biometric program in the world.

Dr. Manmohan Singh also suggested to link the Aadhar with the Direct Benefit Transfer to ensure the programs reached the beneficiary without leakages.

3. National Rural Employment Guarantee Scheme (NREGA) Act 2005

The NREGA, a social security scheme, was launched in 2005, ensures income security to rural families by providing a minimum of 100 days of definite wage employment in 1 year. More districts were covered, later in April 2008, when the scheme was renamed to Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

5. GDP and Economy

Constituted by the National Statistics Commission, India clocked at a 10.08% growth rate in 2006-2007 under Prime Minister Manmohan Singh’s government. It was the highest recorded GDP in India, since the liberalisation of the economy in 1991. The highest GDP growth rate since independence was recorded at 10.2% in 1988-1989, under Rajiv Gandhi‘s Prime Ministership.

Manmohan Singh had also marked a milestone of becoming a 1 trillion economy in 2007. Continuous GDP growth of 8%-9% helped achieve this significant milestone backed by strong fundamentals of the Indian economy and an economist Prime Minister.

Read Also: Happy Birthday Manmohan Singh: Here’s a look at his political journey

5. India-US Nuclear Deal

The Indo US deal was one of the most defining moments of Manmohan Singh’s 10-year governance. Singh meticulously drove the step-by-step process by partnering with President George Bush to secure India’s future energy needs to be fulfilled substantially by peaceful use of nuclear energy.

In other India News, Taliban announced to change the Afghan passports and national identity cards issued by previous government. The new passports and national identity cards will have the name “Islamic Emirate of Afghanistan”, instead of Afghanistan.

India News

Ramdev, Balkrishna publish bigger apology in newspapers after Supreme Court’s rap

In the apology published, Ramdev and Balkrishna said they unconditionally apologise in their individual capacity as well as on behalf of Patanjali Ayurved for the non-compliance or disobedience of directions/orders of the Supreme Court of India

Published

on

Yoga guru Ramdev and his aide Acharya Balkrishna on Wednesday published a fresh bigger apology in leading newspapers for misleading advertisements of Patanjali’s medicinal products. This time, the apology was bigger in size after the Supreme Court pulled up Patanjali’s Ramdev and Balkrishna for not prominently displaying it earlier.

In the apology published, Ramdev and Balkrishna said they unconditionally apologise in their individual capacity as well as on behalf of Patanjali Ayurved for the non-compliance or disobedience of directions/orders of the Supreme Court of India. The apology said that they earnestly apologise for the mistake made in publishing their advertisements and it is their whole-hearted commitment that such mistakes will not be made again in the future.

During a hearing of the contempt proceedings related to the misleading ads case on Tuesday, the Supreme Court had asked Ramdev and Balkrishna if the size of the apology published in newspapers by Patanjali was similar to full-page advertisements for its products.

Ramdev and Balkrishna had told the Supreme Court Justices Hima Kohli and Ahsanuddin Amanullah that they issued unqualified public apology in as many as 67 newspapers over the issue of misleading ads and they were willing to publish additional apologies for expressing their mistake. The duo said that the cost of the advertisements is Rs 10 lakh.

The Supreme Court bench asked why the apology had been published after one week, just ahead of the case hearing. Justice Kohli also asked if the size of the apology published was the same size as their advertisements? The court also ordered Patanjali to collate the ads and submit them before the Supreme Court bench.

The bench further added that the size of the apologies should not be enlarged and should be supplied to them.  The Supreme Court bench wanted to see the actual size. The bench added that they want to see that when they issue an ad it does not mean they have to see it by a microscope.

Continue Reading

2024 Lok Sabha Elections

Rahul Gandhi clarifies on wealth survey remark, says aim is to identify injustice

Gandhi further added that everyone should look at Prime Minister Narendra Modi’s reaction and said that the moment he said let’s test how much injustice has been done the BJP started saying that this is an attempt to break down the country.

Published

on

Congress leader Rahul Gandhi on Wednesday took a U-turn on his wealth survey remark and said he only wanted to find out the amount of injustice the nation was facing. Rahul Gandhi was addressing Congress’s Social Justice Conference at Delhi’s Jawahar Bhawan where he clarified that he has not said Congress will take action yet. He said   that he was just saying that they will find out how much injustice has been done.

Gandhi further added that everyone should look at Prime Minister Narendra Modi’s reaction and said that the moment he said let’s test how much injustice has been done the BJP started saying that this is an attempt to break down the country. The former Congress chief said through the X-ray (wealth survey), the Congress will get to know the root cause of problem.

Gandhi said it is his life’s mission to ensure justice for the 90 % of the population against whom injustice has been done. He alleged Injustice is being done to 90 percent of Indians and the moment he called for checking this injustice, PM Modi and the BJP started attacking him. Gandhi further added that as soon as the INDIA Bloc will form its government the first thing that would be done is caste census.

On April 7, Rahul Gandhi said Congress, if voted to power, would conduct a financial and institutional survey to ascertain the distribution of wealth among the people in the country. Rahul Gandhi was addressing a public rally in Hyderabad after releasing the Congress’s manifesto where he said the survey will be conducted apart from a nationwide caste census that the party has promised if voted to power.

The former Congress chief also spoke about the Ram Mandir inauguration, and said, not a single Dalit, or a tribal was seen at the temple, or during the inauguration of the new Parliament building. He said 90% of the population understands this.

Continue Reading

2024 Lok Sabha Elections

PM Modi says Congress leaders consider themselves above Lord Ram

PM Modi slammed Congress during a rally in Chhattisgarh, ahead of the Lok Sabha elections 2024

Published

on

Prime Minister Narendra Modi slammed the Congress party for declining to attend the pran pratishtha ritual at the Ayodhya Ram temple on January 22 this year.

The prime minister said Congress leaders consider themselves above Lord Ram and denied invitation for Pran Pratishtha at Ram Temple, while speaking at a rally in Janjgir-Champa, Chhattisgarh. The PM question the people present at the rally that is it not a disrespect of Mata Shabri? Congress leaders inclination toward appeasement politics runs in their family.

For political appeasement, they won’t think twice about stealing the rights of Adivasis, the poor, and Dalits. Poor, young, and women are BJP’s top priorities, Modi said.

PM Modi criticized the Congress again during the rally for claiming that the BJP would alter the constitution.

The leaders of Congress recite the same old phrases whenever an election is about to happen, the PM said. He also said they claim that if the BJP wins power, it will renounce the constitution and abolish reservations. For how long will you continue selling lies?” he asked.

The prime minister continued saying that nobody can change the Constitution, even if Dr. Babasaheb Ambedkar were to come and insist on it, it wouldn’t happen.

Those in the Congress threaten to break Modi’s head. Nobody can harm Modi as long as the mothers and sisters of this county stands by him. These mothers and sisters are Raksha Kavach, Modi remarked.

The prime minister further attacked the Congress after Viriato Fernandes, the party’s candidate for South Goa, asserted that Goa was forced to adopt the Indian Constitution.

Referring to his conversation with Congress leader Rahul Gandhi ahead of the 2019 Lok Sabha elections, Fernandes said he had told him, when Goa was liberated in the year 1961, the Indian Constitution was forced upon us.

The prime minister said, Congress candidate from Goa says Constitution was forced upon Goans; is this not an insult of Ambedkar and Constitution.

Continue Reading

Trending

-->

© Copyright 2022 APNLIVE.com