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

Allcargo Gati Strengthens Doddaballapura’s Industrial Growth

Doddaballapura, once renowned for its silk sarees, has evolved into a major industrial hub, housing an Apparel Park and diverse manufacturing units producing textiles, paints, and machinery. The region’s strategic location and robust infrastructure have attracted national and international companies, boosting Karnataka’s economy.For the past four years, Allcargo Gati has been a key logistics partner, ensuring efficient distribution of goods across India. With a structured supply chain strategy—65 per ent to the north, 15-20 per cent west, 10-15 per cent east, and 5 per cent south—the c..

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Infrastructure Transport

Kolkata Metro to Suspend Green Line Services on March 8-9

The Kolkata Metro Railway has announced a complete traffic block on the East West Metro Corridor (Green Line) on March 8 and 9 for testing the Communication-Based Train Control (CBTC) system. Services will also be partially disrupted on the evening of March 7 and the morning of March 10. The Green Line, India’s first underwater metro tunnel and home to the country’s deepest metro shaft, runs from Howrah Maidan to Salt Lake Sector V. This line’s first phase was inaugurated in 2020 by then Railway Minister Piyush Goyal. Additionally, the Kolkata Metro recently introduced a paper ..

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Infrastructure Urban

India and Nepal Sign MoU to Strengthen WASH Sector Cooperation

India and Nepal signed a Memorandum of Understanding (MoU) on March 3, 2025, to enhance cooperation in the Water, Sanitation, and Hygiene (WASH) sector, including waste management. The signing ceremony took place at Sushma Swaraj Bhawan in New Delhi, attended by India’s Union Minister of Jal Shakti, CR Patil, and Nepal’s Minister of Water Supply, Pradeep Yadav. The agreement aims to foster collaboration between the two countries to improve access to clean drinking water and sanitation. It outlines key areas of cooperation such as capacity-building programs for Nepali personnel, techno..

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