The architect of India's economic reforms
ECONOMY & POLICY

The architect of India's economic reforms

visionary statesman known for his humility, integrity and persistence, Singh played a pivotal role in ending India’s nuclear isolation by securing the historic India-U.S. nuclear deal. Dr Singh s...

visionary statesman known for his humility, integrity and persistence, Singh played a pivotal role in ending India’s nuclear isolation by securing the historic India-U.S. nuclear deal. Dr Singh served as one of India’s longest-tenured prime ministers, leading the nation for 10 years, and represented the Congress Party in the Upper House of Parliament. Born on 26 September 1932, in a village in undivided Punjab, Singh’s academic brilliance led him to Cambridge University, where he earned a degree in economics in 1957, and Oxford University’s Nuffield College, where he completed his doctorate in 1962. He later taught at Panjab University and the Delhi School of Economics before joining the Indian government in 1971 as an economic advisor. He went on to serve as chief economic adviser, deputy chair of the Planning Commission, and governor of the Reserve Bank of India. Dr Singh’s accolades include the Padma Vibhushan in 1987, the Jawaharlal Nehru Birth Centenary Award in 1995, and the Asia Money Awards for Finance Minister of the Year in 1993 and 1994. As finance minister in 1991, Dr Singh spearheaded transformative economic reforms that steered India away from a socialist framework, opening the economy to global markets and averting a looming financial crisis. His legacy as a reformist leader and economic architect remains unparalleled in India’s modern history.

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Infrastructure Urban

Cabinet Clears Rs 16 Billion Irrigation Upgrade Scheme

In a significant step towards enhancing water use efficiency in agriculture, the Union Cabinet chaired by Prime Minister Narendra Modi has approved the Modernization of Command Area Development and Water Management (M-CADWM) as a sub-scheme of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for 2025–26. The scheme has received an initial outlay of Rs 16 billion. The M-CADWM aims to modernize irrigation infrastructure by facilitating pressurized underground piped irrigation systems from existing canals or other sources directly to farms up to 1 hectare. This upgrade will serve as a backen..

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Infrastructure Urban

EPFO Launches Face Authentication for Instant UAN via UMANG

In a significant digital push, the Employees’ Provident Fund Organisation (EPFO) has enabled Universal Account Number (UAN) generation and activation through Aadhaar-based Face Authentication Technology (FAT) on the UMANG mobile app. This step, under the Ministry of Labour and Employment, aims to simplify and digitise the UAN process for crores of Indian employees, ensuring real-time, error-free onboarding into the EPFO system. Digital Breakthrough for UAN Access Traditionally, UANs were generated by employers, often marred by data entry errors in names, mobile numbers, and birth dates. Th..

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Infrastructure Urban

India Launches First Panchayat Development Index

In a landmark step towards evidence-based rural development, the Ministry of Panchayati Raj has unveiled the first-ever Panchayat Advancement Index (PAI) baseline report for FY 2022-23. This tool, grounded in Sustainable Development Goals (SDGs), assesses the performance of over 2.5 lakh Gram Panchayats (GPs) across India, offering an unprecedented view of the nation's grassroots governance. The PAI maps each Panchayat’s progress across nine themes under Localized SDGs, including poverty alleviation, infrastructure, water sufficiency, child welfare, and women empowerment. With data from 2,1..

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