New Delhi, Dec 27 – India is mourning the loss of former Prime Minister Dr. Manmohan Singh, who passed away on Thursday at the age of 92. Renowned as the architect of India's economic reforms, Singh's death has drawn heartfelt tributes from economists, industrialists, and political leaders alike, all recalling the transformative impact of his policies on the nation.
Following his passing, Gita Gopinath, Deputy Director at the International Monetary Fund (IMF), expressed her sorrow on social media, stating, "Dr. Manmohan Singh’s 1991 budget unshackled India’s economy, significantly enhancing the economic prospects for hundreds of millions of Indians. His visionary reforms inspired countless young economists like me. Rest in peace, Dr. Manmohan Singh." This sentiment was echoed by many who recognized Singh's role as the catalyst for economic change during his tenure.
Sanjeev Sanyal, member of the Economic Advisory Council to the Prime Minister, remarked on Singh's enduring legacy by comparing significant moments in India's history. "The two most significant years of the twentieth century for India were 1947 and 1991 – one brought political freedom and the other economic freedom. Manmohan Singh will always be remembered for announcing the Great Liberalisation," he said, reflecting on how Dr. Singh's policies shaped India's economic architecture.
Among the industrialists who offered their condolences was Sajjan Jindal, chairman and MD of JSW Group, who called Singh "a statesman of humility and wisdom. India owes him a debt of gratitude." His remarks resonate within the business community, many of whom credit Singh with fostering the conditions necessary for the growth of modern Indian industry.
The US-India Business Council (USIBC) also expressed its sorrow, underscoring Singh's efforts to strengthen ties between India and the United States. They cited his pivotal role in the 2008 Civil Nuclear Agreement, which significantly impacted bilateral relations and economic cooperation.
The Rashtriya Swayamsevak Sangh (RSS), India's largest Hindu nationalist organization, also paid tribute to Singh, acknowledging his immense contributions and expressing condolences to his family. Their official statement emphasized the respect he garnered across different political factions: "The entire nation is deeply saddened by the demise of former Prime Minister and senior leader Dr. Sardar Manmohan Singh. Dr. Singh, rising from a humble background, adorned the highest office of the country. The renowned economist's contributions to India will always be remembered," read their message on X.
Born on September 26, 1932, Dr. Singh's educational background and economic expertise set him apart long before he became Prime Minister. He served as Finance Minister from 1991-1996, where he implemented sweeping reforms aimed at liberalizing the Indian economy, which had been tightly controlled by state policies. His government, which spanned from 2004 to 2014, is praised for not only maintaining those economic reforms but also for introducing significant legislation aimed at education, food security, and improving living standards.
His death has sparked widespread discussion on social media and various platforms, where people share fond memories and significant moments associated with his leadership, illustrating the respect he garnered across generations. Leaders from across the political spectrum and beyond have united to honor Singh's legacy and contributions.
Singh is survived by his wife, Gursharan Kaur, and their three daughters. Funeral arrangements are reportedly underway, with significant participation expected from national leaders including Prime Minister Narendra Modi, who is likely to honor Singh's memory publicly.
Dr. Manmohan Singh's passing marks the end of a significant era. His vision for India's economy has left an indelible mark on the country, fostering growth and aspiration for millions. While the immediate future may feel melancholic, his legacy of economic transformation and leadership will undoubtedly inspire future generations.
