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Rohan A

On My Way • 6m

In 1991, India just had just enough money to run expenses for 15 days. We were last in terms of PPP. Then came Manmohan Singh. He got 500cr loan by mortgaging India's gold.. Implemented Liberalisation, Globalisation and Privatisation ie Simplifying Rules, allowing anyone in the world to run business in India, and Privatisation of Banks and some other companies. And because of this, he saved India from Bankruptcy and transformed India got from last to the third in terms of GDP PPP! (Note: Still not achieved the second position since Singh left the parliament)

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