Skip to playerSkip to main content
  • 7 weeks ago
भारत ने अपना सोना क्यों गिरवी रख दिया ?
Transcript
00:00In 1990, India had to keep its gold reserves.
00:02This was one of the most beautiful songs of Bharti Aarti Kitas.
00:06India's foreign exchange reserves had dwindled to such a level that it only had enough money to cover imports for three weeks.
00:11At that time, the situation worsened due to rising prices of salty food and oil.
00:16Foreign investment was very low and India's exports increased significantly.
00:20In 1990, the foreign exchange reserves had fallen to $1.2 billion.
00:26The government was running out of dollars to pay imports and taxes.
00:29Then the government decided to mortgage two gold coins.
00:31Prime Minister Chander Sekar was the interim Prime Minister at that time.
00:35Former Minister Yashwant Sinha was later succeeded by P.V. Narasimha Rao in June 1990.
00:39And Dr. Manmohan Singh accepted this decision.
00:42India also has a total of 47 Tansona Giri, of which 20 Tansona were discovered in May 1995.
00:47Deposits were made in Swiss National Bank and Bank of England
00:51and 27 tonnes of gold, held in the Bank of England and the Union Bank of Russia since July 1947.
00:57Only then did India receive foreign exchange worth approximately $600 million.
01:00Soon after, the government started giving economic relief to the nursing mother.
01:05Dr. Manmohan Singh created the Nitte which brought foreign investment into India.
01:08And slowly the Earth Vista returned to the track
01:11Later the latter took the Wes Hona Papas and paid the tax to the IMF
01:15After this India became an IT hub.
01:17Today, India's IT hub is worth two hundred billion dollars and America is its biggest benefactor.
Be the first to comment
Add your comment

Recommended