How Manmohan Singh saved India in 1991 | Indian Economic Crisis

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00:00 Introduction
00:33 Era of License Raj
01:57 Causes of 1991 Economic Crisis
04:05 How Manmohan Singh solved the economic crisis
04:50 Economic reforms of 1991
06:25 Effect of 1991 reforms on common man

in 1991, India faces a huge economic crisis. Only 3 weeks worth of foreign exchange was left in India, and it was almost going bankrupt. Many events led to that situtation, starting from slow economic growth, to gulf war, USSR disintegration, and Rajiv Gandhi Assassination. But in 1991, the new PV Narsimha Rao government made some reforms in the leadership of Manmohan Singh as Finance Minister, and Indian economy took a U turn and started rising again. 1991 economic reforms are still prevalant.
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#1991 #manmohansingh

[amritkuhard]

Its shameful to see what media and low grade politicians did to humble, quiet, and intelligent Dr Manmohan Singh. True Indian. True Patriot. All i have is respect for you Sir…

[nagarajgokarnkar]

PM Narasimha Rao's decision to bring in Dr Manmohan Singh was real game changer. What Manmohan Singh did is historic.

[karanveersingh]

Finally there's something to see on youtube that's true and realistic.
A tribute to Dr. Manmohan Singh.
All truth. Thank you for bringing true picture of Dr Manmohan Singh.

[kalpitparmar]

In one of his speeches he said history will judge me by my past, respect ❤

[atanupadhikari]

Manmohan Singhji will always be remembered for this Economic turn around of India.

[rajinderbhogal]

Cambridge university just announced a scholarship in the name of dr. Manmohan singh commemorating his contributions to the world of economics. It was not even mentioned in any news network in India. This is March, 2023.

[visheshkothari]

History will be kinder to me - Dr. Manmohan Singh, the greatest Economist India had who opened the golden gates for India to Become New Powerhouse on the World Map. ❤️

[soumabratachakraborty]

The Game Changer of Indian Economy Dr Manmohan Singh.

[manasrout]

Dr Manmohan Singh is an extraordinary person. .May be some people cant understand his contribution...but oneday for sure they will understand ❤

[subashkg]

P V Narashima Rao is the true lion of Indian Politics. The changes he made and people he brought in like Dr Manmohan Singh changed our country for ever.

[ayushsingh]

as a teeneger, i have made thousand jokes on Manmohan Singh, but this guy is a hero, purest gold

[kamaleshtekkali]

"No power can stop an Idea, whose time has come" A great line with the greatest idea by our Ex PM who has change our lives ❤️

[Nbpratik]

Dr Manmohan Singh is the Father of Indian Economy and Globalisation 🙏

[dankuembey]

He is the, " G.O.A.T of economist" really appreciable 👍

[soumabratachakraborty]

Dr Manmohan Singh had changed the dimension of new India from old India by implementing LPG Model in 1991.

[kanchanrampppub]

बंदा बोलता नहीं था बल्कि करके दिखाता था और एक आज वाला जिसे कैमरे और फेंकने से ही फुर्सत नहीं है हमे शान है अपने इस सरदार पर जो अपने तरकश में इकनॉमी के हर तीर रखता था और रखता है जय हिंद

[emilmohan]

Despite being a doctor, I got interest in economics after knowing about Manmohan ji policies and economic reforms of Narashimha Rao ji❤.. Economics is a double edges sword..In a experienced hand it will bring wonders..But if u go by gimmicks things will back fire..

[roshaninayak]

After hearing this we can say dr Manmohan Singh Ji greatest economist, I m proud of me I m from India, India filled with lots of gems

[sachinbilung]

During graduation we studied globalisation and it says a lot about his strategy and plans...

[KtG]

His age is 90 now. So considering his age until he was a PM, hats off to you Sir. Now I see all the achievements you brought which is helping our new govt to take us to even better heights.