NEWS

Manmohan Singh Dies: Govt Announces 7-Day National Mourning, State Honour For Former PM

As per government sources, all government programs scheduled for Friday has been cancelled and the union cabinet will meet to mourn Singh’s death

The Government of India on Thursday announced a seven-day mourning in honour of former prime minister Manmohan Singh. The two-term PM breathed his last at AIIMS Delhi on Thursday night.

Read More: Delhi air pollution: AQI ‘very poor’, IMD predicts respite with rain and falling temperatures

Singh’s last rites will be conducted with full state honours, news agency PTI reported citing officials.

As per government sources, all central government programmes scheduled for Friday have been cancelled, and the union cabinet will meet to mourn Singh’s death.

Meanwhile, a seven-day mourning period has been announced in Karnataka after the demise of Manmohan Singh. A government holiday has been declared on 27 December.

Read More: ‘Punjab Bandh’ Announced By Protesting Farmers On December 30; Here’s What’s Open, Closed

The Telangana government has also declared a holiday on Friday for government offices and educational institutions. The state government has declared a mourning period of seven days.

Delhi Chief Minister Atishi has also cancelled all her government programmes.

Karnataka’s Belgavi, which was decorated with lights for the Congress Working Committee (CWC) meeting on Thursday, soon descended into darkness after the death of the former PM. A public meeting of Congress was also planned on 27 December, as part of the centenary celebrations of the 1924 Indian National Congress session that was presided over by Mahatma Gandhi.

Manmohan Singh, who served as the Prime Minister of India from 2004 until 2014, was being treated for age-related medical conditions. He had a sudden loss of consciousness at home on 26 December 2024 and was subsequently hospitalised, AIIMS Delhi said.

Read More: Weather Forecast Today: IMD predicts rainfall in Delhi throughout the day; snowfall likely in Himachal, dense fog in parts of Rajasthan and Meghalaya

Singh, widely regarded as one of India’s finest economists, is credited with opening up India’s economy in 1991. Singh’s policies played a pivotal role in transforming India’s economic framework by championing liberalisation and tackling critical social challenges through focused initiatives.

When Singh took the reins of the Finance Ministry in 1991, India’s fiscal deficit was close to 8.5 per cent of GDP, the balance of payments deficit was huge, and the current account deficit was close to 3.5 per cent of GDP. To make things worse, foreign reserves were just enough to pay for two weeks of imports, indicating that the Indian economy was in deep crisis. Against this backdrop, the new economic era was brought in through the Union Budget 1991-92 presented by Singh.

It was a turning point in the economic history of independent India, which witnessed bold economic reforms, abolition of the licence raj and opening of many sectors to private players and foreign players so that capital could flow in. He is credited with putting India on the new economic policy path, which allowed Foreign Direct Investment (FDI), rupee devaluation, moderation in taxes, and privatisation of public sector companies.

His role in ushering in a comprehensive policy of economic reforms is now recognised worldwide.

Source :
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top