Statement attributable to Mr G P Hinduja

Among economists, Dr. Singh was a colossus. He was India’s man of destiny, when the country on the brink of bankruptcy needed someone to take charge. His clear vision to revive the nation demonstrated through an epoch making budget in 1991, marked a turning point unlike any other on the road to liberalisation. He helped break the shackles of India’s outdated protectionist policies and opened India to the world.

A transformative act, that will forever be remembered in letters of gold when the history of modern India is penned in the future. Thus, from the liberalisation of the Indian economy to the abolition of the licence raj it were his efforts that laid the foundation for India’s economic transformation and opened the doors for global trade.

India as we know it today, owes much to much to this humble yet courageous person in Dr Singh who played an integral role in bringing Indian from nuclear isolation to the mainstream of global nuclear nations.

Thus, it is in fact Dr Manmohan Singh’s statesmanship, that has helped India achieve its pride of place on the path of prosperity and he will forever be remembered for that.