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Manmohan Singh, architect of economic reforms and India's 14th PM

IBNLive.com
May 17, 2014 at 01:43pm IST

Taking a bow as the Prime Minister of the country for the last time, Manmohan Singh thanked the country for the love and support that he received in the past ten years. "Whatever I have got, I have got from this nation, a nation that instated a child born out of Partition to the highest position," he said.

He also exuded confidence that better times await the country. "As I leave office my abiding memory is the love and kindness I have received from you. This country empowered me to rise to high office. This is a debt I will always bear with pride. The emergence of India as a major powerhouse is an idea whose time has come. India will show the world the way," he said.

Wishing the new government luck for the future, Singh said that he respected the verdict of the country. Below is a brief profile on the 14th PM of India: (Source: Prime Minister's Office)

Manmohan Singh, architect of economic reforms and India's 14th PM

Taking a bow as the Prime Minister of the country for the last time, Manmohan Singh on Friday thanked the country for the love and support he received in the past ten years.

Dr. Manmohan Singh

Personal Profile

India's fourteenth Prime Minister, Dr. Manmohan Singh is rightly acclaimed as a thinker and a scholar. He is well regarded for his diligence and his academic approach to work, as well as his accessibility and his unassuming demeanour.

Prime Minister Manmohan Singh was born on September 26, 1932, in a village in the Punjab province of undivided India. Dr. Singh completed his Matriculation examinations from the Punjab University in 1948. His academic career took him from Punjab to the University of Cambridge, UK, where he earned a First Class Honours degree in Economics in 1957. Dr. Singh followed this with a D. Phil in Economics from Nuffield College at Oxford University in 1962. His book, "India's Export Trends and Prospects for Self-Sustained Growth" [Clarendon Press, Oxford, 1964] was an early critique of India's inward-oriented trade policy.

Dr. Singh's academic credentials were burnished by the years he spent on the faculty of Punjab University and the prestigious Delhi School of Economics. He had a brief stint at the UNCTAD Secretariat as well, during these years. This presaged a subsequent appointment as Secretary General of the South Commission in Geneva between 1987 and 1990.

In 1971, Dr. Singh joined the Government of India as Economic Advisor in the Commerce Ministry. This was soon followed by his appointment as Chief Economic Advisor in the Ministry of Finance in 1972. Among the many Governmental positions that Dr. Singh has occupied are Secretary in the Ministry of Finance; Deputy Chairman of the Planning Commission; Governor of the Reserve Bank of India; Advisor of the Prime Minister; and Chairman of the University Grants Commission.

In what was to become the turning point in the economic history of independent India, Dr. Singh spent five years between 1991 and 1996 as India's Finance Minister. His role in ushering in a comprehensive policy of economic reforms is now recognized worldwide. In the popular view of those years in India, that period is inextricably associated with the persona of Dr. Singh.

Among the many awards and honours conferred upon Dr. Singh in his public career, the most prominent are India's second highest civilian honour, the Padma Vibhushan (1987); the Jawaharlal Nehru Birth Centenary Award of the Indian Science Congress (1995); the Asia Money Award for Finance Minister of the Year (1993 and 1994); the Euro Money Award for Finance Minister of the Year (1993), the Adam Smith Prize of the University of Cambridge (1956); and the Wright's Prize for Distinguished Performance at St. John's College in Cambridge (1955). Dr. Singh has also been honoured by a number of other associations including the Japanese Nihon Keizai Shimbun. Dr. Singh is a recipient of honorary degrees from many universities including the Universities of Cambridge and Oxford.

Dr. Singh has represented India at many international conferences and in several international organizations. He has led Indian Delegations to the Commonwealth Heads of Government Meeting in Cyprus (1993) and to the World Conference on Human Rights in Vienna in 1993.

In his political career, Dr. Singh has been a Member of India's Upper House of Parliament (the Rajya Sabha) since 1991, where he was Leader of the Opposition between 1998 and 2004. Dr. Manmohan Singh was sworn in as Prime Minister on 22nd May after the 2004 general elections and took the oath of office for a second term on 22nd May 2009.

Dr. Singh and his wife Mrs. Gursharan Kaur have three daughters.

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