Who is called the pioneer of liberalization of Indian economy? Dr. Man
A. Bimal Jalan
B. Dr. Manmohan Singh
C. Pranab Mukherjee
D. Raghuram Govind Rajan
Right Answer is: B
Dr. Manmohan Singh is called the pioneer of liberalization of Indian economy.
• The economic liberalisation in India refers to the changes and reforms.
• Economic liberalisation in India was initiated in 1991 by Prime Minister P. V. Narasimha Rao and his then-Finance Minister Dr. Manmohan Singh.
• Liberalization was started in India with the goal of making the economy more market- and service-oriented, and expanding the role of private and foreign investment.