Manmohan Singh’s contribution to India economy — LPG Reforms

When Manmohan Singh became Finance Minister in 1991, India was on the verge of economic collapse, with foreign exchange reserves sufficient to cover only a few weeks of essential imports. Faced with one of the most serious economic challenges in independent India, Singh decided to introduce economic reforms in 1991, focused on liberalisation, privatisation, and

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Money and Capital Markets

“Financial market” is a phrase used to denote the total infrastructure which facilitates the trade of financial securities.Financial securities can be like currency, bonds, stocks, derivatives, commodities, forex etc. Structure of Financial Market in India Definition of Money Market and Capital Markets A component of financial market that facilitates short term borrowing, lending, buying and selling.

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