• 'I would be sacked': How Manmohan Singh rescued a nation on the brink in 1991 - BusinessToday

    Source: Buzz FX / 26 Dec 2024 12:51:21   America/New_York


    By mid-1991, India’s foreign reserves were perilously low, inflation was in double digits, and a massive fiscal deficit threatened to cripple the nation. Singh, then Finance Minister, faced the daunting task of averting a sovereign default.
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