Manmohan Singh’s 1991 economic reforms: The masterstroke in Budget that reshaped India's economic destiny forever

Manmohan Singh's reforms as finance minister in 1991 helped India overcome an economic crisis. His policies reduced government control, liberalized the economy, and encouraged foreign investment. These changes led to sustained economic growth, reduced inflation, and improved India's global standing, making it the world's fifth-largest economy and expected to become the third-largest soon.