Gave a Model but Could not Became a Role Model

Twenty years ago, there was a closed economy called India! Having forex reserve not even sufficient for two weeks, having a huge debt and over helming import than export; were pushed our nation to the nearest point of the economic emergency. Banks and financial institutions had stopped recruiting, promoting and expansion; there was no support for the industries. The foreign investment in the country was very small, even negligible compared to todays. The in-house industries were restricted by the boundary of the country. We where insulated. The inside heat had no more space here and had started burning the country. There came the Rao-Manmohan model of economy. Then Prime Minister P V N Rao and Dr Man Mohan Singh played a vital role in bringing the stability.

There was a unstable, coalition government with the leadership of Mr P V Narasimha Rao. He had a vision and bravery to bring the revolutionary changes in the Indian Economy. He found Mr Singh is the bet suitable to handle such a crisis. He was a scholar, played the role of the governor of RBI and also as the Finance Secretary during crucial time. He had a privilege to sign on both Re 1 note and also notes of above Re 1 i.e. both currency notes and bank notes. He was undoubtedly a most suitable person. He became the union finance minister and Rao-Manmohan model was added to the curriculam of the economic students. Our footprints in the globalised economy started from there.

Our economy is not fully opened or fully closed. Rupee is not fully convertible or non convertible. We are at safer side. We are partially insulated and even protected against the lethal effect of the recession. A software engineer in this country earns in lakhs per month, a professional is able to earn a handsome income, banks like SBI, BOB has gone global, and the employees are well paid, the opportunities are huge. We are strong enough and growing stronger day by day. The credit should go to Dr Man Mohan Singh.

He has thousand of good qualities to write. He has done several achievements herever he is- from academics to the Prime Minister Office. Have you ever considered him as a role model? Our mothers tell the story and achievements of Dr A P J Abdul Kalam. We get thrilled by reading the stories of Sri A B Vajapayi. Whenever it comes to Singh we see him with a doubtful eye. It is just because his loyalty towards the fake (to differentiate the borrowed name from the Mahatma) Gandhi family. Without the slavery of the Vishakanya (of Subramaniam Swamy), we know, he could not have achieved the height. This make him a model who was such a bright to gave an economic model and finally bars him from being a role model for Indian youth.