Frequent question: Who was the first Indian finance minister in 1991?

Who was the first finance minister of India?

Shanmukham Chetty (1892 – 1953) was an economist. Chetty graduated from the prestigious Madras Christian College . He became the first finance minister of India after it became independent in 1947.

Was the Indian finance minister in 1991 acknowledge?

was the Indian Finance Minister in 1991, acknowledged for his capabilities to steer away the economic crisis looming. … was the Indian Finance Minister in 1991, acknowledged for his capabilities to steer away the economic crisis looming large on the erstwhile Indian Economy.

Who was the finance minister of India when the economic policy 1991 was implemented?

Manmohan Singh served as the governor of the Reserve Bank of India in the late 1980s, and was given the portfoilo of finance in 1991 by Prime Minister Narasimha Rao.

Who was GOVT India in 1990?

National Front (NF) was a coalition of political parties, led by the Janata Dal, which formed India’s government between 1989 and 1990 under the leadership of N. T. Rama Rao, popularly known as NTR, as President of national front and V. P. Singh as Convener.

Who is current education minister?

The current education minister is Dharmendra Pradhan, a member of the Council of Ministers.

Ministry of Education (India)

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Ministry overview
Jurisdiction Republic of India
Headquarters Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi
Annual budget ₹93,224 crore (US$13 billion) (2021–22)
Minister responsible Dharmedra Pradhan, Cabinet Minister

How did Manmohan Singh saved India in 1991?

In 1991, Singh, as Finance Minister, abolished the Licence Raj, source of slow economic growth and corruption in the Indian economy for decades. He liberalised the Indian economy, allowing it to speed up development dramatically.

Who is the first woman finance minister of India?

A two-time Rajya Sabha MP, Sitharaman created history when she became the first full-time woman finance minister of India to propel the country out of an economic slowdown and address challenges like job creation, mounting bad loans and slowing investment.

Who introduced liberalization in India?

Economic liberalisation in India was initiated in 1991 by Prime Minister P. V. Narasimha Rao and his then-Finance Minister Dr. Manmohan Singh.

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