K Paul Thomas, MD & CEO, ESAF Small Finance Bank

An Economist Par Excellence and a Gentleman Politician

Dr. Manmohan Singh will be remembered for his role in India’s economic reforms and his commitment to statesmanship. Even among critics, he was recognised as a visionary economist and a gentleman politician with compassion and tolerance.

The legacy he leaves behind fully upholds his role as the chief architect of the economic reforms of the early 1990s, which laid the foundation for India’s transformation into a globally competitive economy. The historic liberalization and structural adjustments he envisioned opened new avenues for growth, enabling India to chart a path toward economic prosperity.

“No power on earth can stop an idea whose time has come. The emergence of India as a major economic power is one such idea”. His budget speech, referring to Victor Hugo’s famous lines, was timely and has remained etched in our memory. Dr. Singh’s legacy will endure. His leadership and foresight have left an indelible mark on India’s economic trajectory, and he remains one of the most respected and admired Prime Ministers in India’s history.

VP Nandakumar , MD & CEO, Manappuram Finance

They say character defines a man, and this holds good for Shri Manmohan Singhji, whose vision opened the floodgates of India’s growth.

Six years ago, I had the privilege of honouring Dr Singh with the VC Padmanabhan Memorial Lifetime Achievement Award. His humility, clarity, and quiet resolve left an indelible mark on me.
A true stalwart among statesmen, his legacy shapes the DNA of a rising India. May his soul rest in peace.

Vinod Tharakan, MD & CEO, ClaySys Technologies

The demise of Dr Manmohan Singh marks the end of an era in India’s economic and political history. A leader of unparalleled vision and integrity, he devoted his life for building a nation that balanced economic growth with compassion. Under his stewardship, India witnessed transformative reforms that opened the doors for and to global markets, empowered industries, and uplifted millions from poverty through sustainable development.

His ability to navigate complex challenges with quiet strength and unwavering resolve reshaped India’s destiny. Dr. Singh’s belief in inclusive growth ensured that progress touched lives across all sections of the society, leaving behind a legacy of hope, resilience, and opportunity.

As we remember Dr Singh’s remarkable contributions, we celebrate a life that exemplified humility, wisdom, and a deep commitment to humanity. Dr. Singh will forever be remembered as the architect of a stronger, more progressive India. May his soul rest in peace.