Manmohan Singh’s 1991 Union Budget was a turning point for India, addressing a severe economic crisis and setting the foundation for modern reforms. Through liberalisation, privatisation, and globalisation, Singh dismantled outdated policies and introduced critical changes to attract foreign investments, deregulate industries, and stabilise finances. Despite resistance within his party, Singh’s leadership redefined India’s economic landscape, ensuring sustained growth and competitiveness. His bold vision continues to impact India’s rise as a global economic power.
