00:00At the age of 92, India's former Prime Minister and economist Dr. Manmohan Singh took his last breath.
00:10His contribution to Indian politics and economic reforms will always be remembered.
00:14In 1991, the contribution of Dr. Manmohan Singh, who led the Indian economy on the path of liberalization, can never be forgotten.
00:22He served as the Prime Minister of India for two tenures from 2004 to 2014 and played an important role in the development of the country.
00:32It is said that Manmohan Singh brought the country out of poverty.
00:36So let's tell you in detail about all his contributions in this video.
00:41Manmohan Singh's policies of economic liberalization helped the country get rid of poverty.
00:47Today, almost 33 years have passed since his historic budget came into effect in 1991.
00:53These policies helped 30 crore people in the country get out of poverty.
00:58The expansion of the private sector led to the creation of millions of new jobs.
01:02India, which was dependent on imports in many cases, has now become one of the world's largest software exporters.
01:10The expansion of the IT sector made the country's large population rich.
01:14Not only that, a new Company Act was also introduced in Manmohan Singh's administration.
01:19This law decided the responsibility of the country's corporates.
01:22Social responsibility was implemented for companies and this led to major social changes.
01:29If we look at Manmohan Singh's life, there were many times when he took decisions that changed the fate of India.
01:37When he became the finance minister of the country under PM Narasimha Rao's government, he presented a historic budget of 1991.
01:45This budget started the country's economic liberalization and it is the result of his policies that India has become the world's fifth largest economy.
01:56In 2004, Dr. Manmohan Singh became India's 13th Prime Minister and he became the country's first Sikh Prime Minister.
02:04In his leadership, India strengthened its image at the international level along with economic development.
02:11There were major changes in IT and education areas in his tenure.
02:16In 2010, he was awarded the Order of King Abdul Aziz of Saudi Arabia and the Grand Cardinal of the Order of the Polonio Flowers of Japan in 2014.
02:27So how do you remember Dr. Manmohan Singh?
02:30Give us your opinion in the comment box and stay with us for such updates.
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