Manmohan Singh’s 1992 Budget speech, the first after liberalisation of Indian economy

On 29 February 1992, then finance minister Manmohan Singh presented the Union Budget for 1992-93, his first budget speech after liberalisation that changed the course of Indian economy.

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[kartik_sinha]

Look at how quiet the house is, letting people listen, we cant expect that today

[varun]

The reforms that IMF and World Bank pushed down the air pipe if we were to be allotted bailout.

P V Narasimha Rao is indeed a visionary to work with opposition bjp under Vajpayee while his own party under the strang lehold of coomu nists and soci alists were opposing the liberalisation Capitalist reforms.

Kudos to PVN Rao and his appointed Finance Minister Manmohan Singh.

[sainik]

This is NOT the 1991 Budget Speech. It is 1992-93 Budget Speech given in FEBRUARY 1992. Kindly listen carefully where he says PM PVN has guided for the last 8 months & new proposals will be effective from March 1st 1992. . Kindly change the title

[RAHULKUMAR-ilsh]

This is not just a speech, this is dream of modern india ❤❤❤

[mady]

First INC socialist-economics broke the back of the Indian-economy then looked towards IMF for ideas to revolutionize own economy. Short-sighted INC govt still promoting Khata-khat scheme, loan-waiver, freebies in Karnataka, Telangana.

[karthikk]

Best prime minister in Indian political history

[hhppecit]

Thanks to PVNR who had the courage and resolve to implement these reforms.

[pradeepdhangar]

डॉ मनमोहन सिंह जैसा अर्थशास्त्री केवल भारत में ही नहीं बल्कि पूरी दुनिया में मिलना बहुत मुश्किल है। सन 1991 में डॉ मनमोहन सिंह जी जब भारत के तत्कालीन वित्त मंत्री थे भारत में नई आर्थिक नीति लेकर आए । तब से भारत ने आर्थिक क्षेत्र में दिन दोगुनी रात चौगुनी तरक्की की ।आज भारत एक आर्थिक महाशक्ति के रूप में उभर रहा है, इसका सारा श्रेय डॉ मनमोहन सिंह जी को जाता है ।उन्होंने अपने प्रधानमंत्रीत्व कॉल में भी अनेक आर्थिक कल्याणकारी योजना बनाई व लागू की जिससे भारतीय अर्थव्यवस्था को मजबूती मिली। इन सभी कल्याणकारी नीतियों व उनकी दूरदर्शी सोच की वजह से पूरा भारत वर्ष डॉ मनमोहन सिंह जी का आभारी रहेगा ।

[maniaphobia]

For that Budget on National Interest, Ex PM PVN was harassed by Congress for the rest of his life with legal cases ; It is an example why politicians should not work on National Interest ; Congress had almost brought the country to the brink of disaster and still kicking on freebies ;

[bikramjitsingh]

How granular the speech is for the masses, The India!!

[venkatesh]

Headlines could be : The day India came out of Socialist disaster of 41 years

[MistyMusings-nx]

The brilliant man who could have been an asset even today despite his fledging health had he not been constrained by political bosses who held not an iota of his genius. Even in this speech he had undone all that the founding fathers of the nation had envisaged and yet is compelled to pay tribute to their vision that did not match with his and which was a perfect recipe for disaster that had ensured the indian economy to plummet over three decades till this day in 1991. Though IMF did dictate a lot of his policies during that budget framework, his ability to configure a mess into an engine cant be taken away. Politics can transform a perfect gem into a mere stone.

[anuragranjan]

Now our finance minister is Senseless Nimmo Tai😅😅😅😅

[rahulbuddhadev]

This is 1992 Budget Speech not the historic 1991 Budget Speech. Though equally important!

[arunraghav]

The Print is par bhi video banaye k Bharat kaise is position me pahucha ke humara forex reserve itna low ho gaya k hume ye position leni padi. Ye bhi batao k ye saari shart IMF aur world bank ne lagayi thi market open karne ki. Na k Manmohan Singh ka Idea tha.

[naveensinghpanwar]

Good old days when Indian economy was in COMPETENT hands...

[senthilnathanb]

India is paying a heavy price not respecting this man!

[Krishankumar-wkpo]

The so called revolutionary budget was done on gun point as said by the then PM PV Narsimhan Rao, the indian economy had gone bankrupt with the forex reserve of only one month and the inflation at 14 %, goldcwas mortgaged and now people like Shekhar Gupta hail it as revolutionary

[RameshVarma-xnuk]

One of the renowned prime minister of india @ intellectual giant ❤
Father of economic reforms 1991
Finance minister
Economist
RBI governor
✌️👏👏👏

[infyvin]

Back then, they made real developments for the upliftment of people .... Now the focus & dev are only for the rich & cronies 😢