Road ahead even more daunting that in 1991: Manmohan Singh
Darpan News Desk IANS, 23 Jul, 2021 03:58 PM
New Delhi, July 23 (IANS) Former Prime Minister Manmohan Singh on Friday said that the road ahead is "even more daunting" than during the 1991 economic crisis and the nation would need to "recalibrate its priorities to ensure a dignified life for all Indians".
In a statement on the occasion of the 30th anniversary of economic liberalisation, he said that on this day 30 years ago, in 1991, the Congress "ushered in significant reforms of India's economy and paved a new path for the nation's economic policy".
"Over the last three decades, successive governments have followed this path to catapult our nation to a $3 trillion economy and into the league of the world's largest economies," he added.
Manmohan Singh said that he "was fortunate to play a role in this reform process along with several of my colleagues in the Congress party" and "it gives us immense joy to look back with pride at the tremendous economic progress made by our nation in the last three decades".
"But I am also deeply saddened at the devastation caused by the Covid-19 pandemic and the loss of millions of fellow Indians. The social sectors of health and education have lagged behind and not kept pace with our economic progress. Too many lives and livelihoods have been lost that should not have been," the former Prime Minister said.
"It is not a time to rejoice and exult but to introspect and ponder. The road ahead is even more daunting than during the 1991 crisis. Our priorities as a nation need to be recalibrated to foremost ensure a healthy and dignified life for every single Indian."
Recalling that as Finance Minister in 1991, "I ended my budget speech by quoting Victor Hugo, 'no power on Earth can stop an idea whose time has come'", he said: "30 years later, as a nation, we must remember Robert Frost's poem, 'But I have promises to keep, and miles to go before I sleep'."
He also said that more importantly, nearly 300 million fellow Indians have been lifted out of poverty in this period and hundreds of millions of new jobs have been provided for the youth.
"The reforms process unleashed the spirit of free enterprise which has helped produce some world class companies and help India emerge as a global power in many sectors. The economic liberalisation process in 1991 was triggered by an economic crisis that confronted our nation then, but it was not limited to crisis management.
"The edifice of India's economic reforms was built on the desire to prosper, the belief in our capabilities, and the confidence to relinquish control of the economy by the government," Manmohan Singh added.
With this, Kuljit Singh Nagra joined a list of Congress leaders who have resigned from party posts over the last few days in solidarity with Rahul Gandhi.
The accused, identified as Deepak, suspected to be under the influence of alcohol, slit the throat of his mother with a kitchen knife following a quarrel, police said.
The accused, identified as Prabhjot Singh, 25 and Sukhdev Singh, 19, were arrested while a third person, Inderjeet, who had brought the pistol used to commit the crime, has been on the run, they said.
Rejecting as totally inadequate the new proposed 60:40 fund-sharing pattern of the Union Social Justice and Empowerment Ministry for the SC Post-Matric Scholarship Scheme, Punjab Chief Minister Captain Amarinder Singh has demanded restoration of the old sharing scheme, under which states had to finance about 10% only.
At least 29 passengers were killed and 17 injured when a Delhi-bound UPSRTC Janrath bus fell into a water-filled nullah along the Yamuna Expressway in Agra, UP, early on Monday morning.
