Skip to content
Search

Latest Stories

Cambridge-educated former Indian prime minister retires

The erudite and modest academic-turned-politician is credited with putting India on the road to  liberalisation and rapid economic growth

Cambridge-educated former Indian prime minister retires

India's former prime minister and architect of India's economic reforms Dr Manmohan Singh has exited public life with his retirement from the Rajya Sabha.

Soft-spoken, erudite, and modest, Singh (91) exited public life without any fanfare, somewhat akin to how this reluctant politician entered it 33 years ago.


The man who famously spoke of studying under the dim light of kerosene lamps in his village without electricity had a storied academic career.

Born on September 26, 1932, in Gah village in what is now Pakistan's Punjab province, Singh received his Bachelor's and Master's degrees in Economics from Panjab University in 1952 and 1954 respectively and completed his Economic Tripos from Cambridge University in 1957.

He followed this with a D.Phil in Economics from Oxford University in 1962.

Singh went on to teach at Panjab University and the Delhi School of Economics before he joined the Government of India as an Economic Advisor in the Commerce Ministry in 1971. He was soon promoted to Chief Economic Advisor in the Finance Ministry in 1972.

After a short stint at the UNCTAD Secretariat, he was appointed Secretary General of the South Commission in Geneva from 1987-1990.

In addition, Singh also held the positions of Secretary in the Finance Ministry, Deputy Chairman of the Planning Commission, Governor of the Reserve Bank of India, Advisor to the Prime Minister and Chairman of the University Grants Commission.

Political career

Singh was made the finance minister in the Narasimha Rao-led Congress government in the early 1990s and continued till 1996.

During this stint, he was hailed for putting India on the road to liberalisation and rapid economic growth.

"No power on earth can stop an idea whose time has come. I suggest to this august House that the emergence of India as a major economic power in the world happens to be one such idea," Singh said while ending his iconic budget speech in Parliament in July 1991.

He later went on to become prime minister for two terms from 2004 to 2014 after Sonia Gandhi declined requests from the Congress party for the top job.

She named Singh for the post and their partnership continued for a decade till the BJP won power in 2014.

Under his stewardship, India witnessed the highest growth rate averaging 7.7 per cent to become a nearly $2 trillion economy when he helped it catapult into an economic power and helped raise the living standard of millions.

At the core of Singh's idea of India was the belief in not just high growth but ensuring inclusive growth, which was enshrined in the passage of several key legislations that ensured citizens the legal Right to Food, Right to Education, Right to Work and the Right to Information.

However, Singh was criticised for turning a blind eye to allegations of corruption during his 10-year tenure as Prime Minister.

BJP leaders often accused him of not speaking out against corrupt leaders in his cabinet.

During the fag end of his tenure as PM in 2014, Singh had said, "I honestly hope history would be kinder to me than the contemporary media, or for that matter, the opposition parties in Parliament."

Singh remained a member of the upper house of the Parliament - Rajya Sabha for six terms and was among the five members whose tenure ended on Wednesday.

He could never become a member of the lower house - Lok Sabha, and had unsuccessfully contested an election in 1999 from South Delhi.

Of late, Singh had not been keeping well and was often seen attending Rajya Sabha proceedings, especially during crucial voting, in a wheelchair.

Rich tributes

During the farewell for retiring members of the Rajya Sabha, Prime Minister Narendra Modi lauded Singh's role as a member of the upper house and said his contributions would never be forgotten.

Vice President and Rajya Sabha chairman Jagdeep Dhankhar paid a personal visit to Singh's residence on Tuesday.

Congress president Mallikarjun Kharge also visited Singh and lauded his achievements in Parliament. He said in a letter that he would remain a "hero" to the middle class and the aspirational youth.

Shiv Sena leader Priyanka Chaturvedi has also hailed Singh's leadership and described him as the finest person with the brightest mind. (PTI)

More For You

Harry and Meghan urge tougher safeguards to protect children online

Prince Harry criticised tech companies for citing privacy laws to deny access

Getty

Harry and Meghan urge tougher safeguards to protect children online

The Duke and Duchess of Sussex have called for stronger protections for children online, warning that not enough is being done to shield young people from the dangers of social media

During a visit to New York, Prince Harry and Meghan Markle unveiled a new memorial dedicated to the memory of children whose families believe harmful online content contributed to their deaths. The installation, named the Lost Screen Memorial, features 50 smartphones, each displaying an image of a child lost to what their families describe as the adverse effects of social media. The memorial was made available to the public for 24 hours.

Keep ReadingShow less
Afghan exodus soars as Pakistan deadline nears

Afghan refugees arrive at a camp near the Torkham border last Sunday (20)

Afghan exodus soars as Pakistan deadline nears

MORE than 100,000 Afghans have left Pakistan in the past three weeks, the interior ministry said on Tuesday (22), after Islamabad announced the cancellation of residence permits.

Calling Afghans “terrorists and criminals”, the Pakistan government launched its mass eviction campaign on April 1. Analysts said the expulsions are designed to pressure Afghanistan’s Taliban authorities, which Islamabad blames for fuelling a rise in border attacks.

Keep ReadingShow less
Government announces funding for offshore wind supply chains

Energy secretary Ed Miliband reads a letter from Britain's King Charles III during the Future of Energy Security Summit at Lancaster House on April 24, 2025 in London, England. (Photo by Justin Tallis - WPA Pool/Getty Images)

Government announces funding for offshore wind supply chains

THE government has announced an initial £300 million investment to strengthen domestic offshore wind supply chains ahead of the Comprehensive Spending Review. The funding will be distributed through Great British Energy, the country's publicly-owned clean energy company.

Prime minister Keir Starmer on Thursday (24) said the investment aims to support jobs and help the UK reach clean power by 2030.

Keep ReadingShow less
modi-pahalgam-getty

'I say to the whole world: India will identify, track and punish every terrorist and their backer,' Modi said in his first speech since the incident.

Getty Images

Modi vows to hunt Kashmir attackers ‘to the ends of the Earth’

INDIA and Pakistan have exchanged a series of diplomatic measures after prime minister Narendra Modi blamed Pakistan for a deadly shooting in Pahalgam, Kashmir, in which 26 civilians were killed.

Modi said India would identify and punish those behind the attack and accused Pakistan of supporting cross-border terrorism.

Keep ReadingShow less
Donald Trump

Trump also announced an initiative on historically black colleges and universities and signed orders on AI education and workforce development.

Getty Images

Trump signs orders targeting university diversity policies and accreditation

DONALD TRUMP signed a set of executive orders on Wednesday aimed at US universities, focusing on foreign donations, college accreditation, and diversity and inclusion initiatives.

One order directs the federal government to enforce existing laws requiring universities to disclose large foreign gifts. Another addresses accreditation, which Trump has described as a “secret weapon.”

Keep ReadingShow less