In July 2012, I was appointed secretary in the Department of Economic Affairs. During 2012-14, the economy was in the throes of multiple crises and we had to regularly present our strategies before the PM. I was fortunate enough to watch him closely as he guided the government quietly but steadily.
A man of few words, Dr Singh was a great listener. He was a globally recognised economist and architect of India's economic reforms of 1990s, but he never cut any of us short when we were making a presentation. Even if our opinions were contrarian to his point of view, he contradicted us gently, often with a smile. He was clear and precise in his directions, but always delivered them as a suggestion.
Though we struggled with runaway inflation, burgeoning fiscal deficit and toxic current account deficit against serious odds, he provided much needed encouragement and support.
Denne historien er fra December 28, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra December 28, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Smart Cities Mission: School enrolment up 22%
STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.
South steals the spotlight
Hits from Hindi film industry in post-Covid era have been fewer and far between
Does India want BGT win or Rohit back in form?
In case openers KL Rahul or Yashasvi Jaiswal had been struggling, Rohit's elevation would have made sense. But with his form, the change of batting order wasn't really warranted
Oil rises 1%, heads for weekly gain
OIL ROSE ABOUT 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower US crude stockpiles and hopes of a stimulus-driven economic recovery in China.
IIFL Home Finance expects 15% AUM growth in FY25
● Looking at stock market listing, but no timeline yet
Squid Game stocks tank
A LESS-THAN-PERFECT debut for the new season of Netflix's blockbuster series
Richard Parsons, who rescued Time Warner, Citigroup, dies
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Russia warns Trump against resumption of nuclear testing
RUSSIA'S POINT MAN for arms control cautioned Donald Trump's incoming administration on Friday against resuming nuclear testing, saying Moscow would keep its own options open amid what he said was Washington's \"extremely hostile\" stance.
Nissan Shares Decline Most Since August
NISSAN MOTOR'S SHARES declined the most since August's market rout, amid volatility as investor focus shifts to the terms of the carmaker's planned deal with Honda Motors.
US Airline Stocks Beat Market
A RECORD YEAR FOR travel in the US is pushing airline stocks to a soaring annual outperformance, and the prospect of sustained earnings power points to a bullish outlook for 2025.
