Dr. Manmohan Singh, former Prime Minister of India, will retire from the Rajya Sabha, marking the end of his three-decade-long tenure in the Upper House.
Under the tenure of Manmohan Singh following policies were taken:
Dr. Singh, who served as Finance Minister in 1991, was instrumental in liberalising India's economy.
He initiated reforms that reduced trade barriers, dismantled the License Raj system, and opened up key sectors to foreign investment. These reforms were crucial in jumpstarting India's economic growth and globalization.
During the leadership of Dr. Manmohan Singh, the Indian government introduced the National Rural Employment Guarantee Act in 2005.
This act was later renamed as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
It is a social welfare initiative that was created to offer a legal guarantee of a minimum of 100 days of employment per year to rural households. The primary objective of this act is to address rural poverty and unemployment.
During Dr. Manmohan Singh's tenure as Prime Minister, the Right to Information Act was passed, which was a significant piece of legislation.
This law empowers Indian citizens to demand information from government agencies and institutions, serving as a crucial tool to promote transparency, accountability, and prevent corruption within public administration.
Dr. Manmohan Singh, former Prime Minister of India, was instrumental in negotiating the Indo-US Civil Nuclear Agreement, also known as the 123 Agreement.
This agreement allowed India to receive nuclear technology and fuel, which helped the country's civilian nuclear energy program.
It's worth noting that India isn't a signatory of the Nuclear Non-Proliferation Treaty (NPT). Despite this, the accord was a significant milestone in the relationship between India and the United States.