Singh is widely regarded as the architect of India's original economic reform programme which is enacted in 1991 under Rao's administration
The economic liberalization package pushed by Singh and Rao opens the nation to foreign direct investment and reduces the red tape that had previously impeded business growth
Under Dr. Singh, an economist and Finance minister P. Chidambaram, India's economic growth has continued, with the GDP growing at a very fast rate of 9%.
