How Manmohan Singh Saved India's Economy By Pledging Gold: A Bold Move That Changed The Nation | Paisa Live

The year 1991 brought an economic crisis for India, with the country’s foreign exchange reserves being enough for only three weeks of imports. The situation was so critical that India had to pledge 67 tons of gold to avert financial collapse. At that time, Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh made bold decisions that saved the country's economy from destruction. This video explains how Manmohan Singh’s actions led India toward economic reforms, setting the nation on the path to becoming a strong global power. A story that will make you rethink the importance of bold leadership during times of crisis.