I first met Dr Manmohan Singh when he was teaching us in 1971. I was a student at the Delhi School of Economics and he was teaching us trade theory, which was, incidentally, also the subject of his PhD thesis in Oxford University. At Oxford, he had originally outlined the thesis of undue pessimism about foreign trade in India and export pessimism, which had accounted for our very autocratic kind of trade regime. He already had thought differently. He didn't stay very long to teach us and left soon to become economic advisor in the commerce ministry. That was the beginning of his long career in the government to very distinguished positions before finally becoming the prime minister.
Diese Geschichte stammt aus der December 28, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der December 28, 2024-Ausgabe von Financial Express Mumbai.
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The present generation (born after 1991) scarcely believes that there was an India with one television channel, one car, one airline, one telephone service provider, trunk calls, PCO/STD/ISD booths and long waiting lists for everything from two-wheelers to train tickets to passports. The seeds of change were sowed by Dr Singh, a fact belatedly acknowledged by Prime Minister Modi's tribute to him and the Cabinet resolution.
