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India’S World: How Prime Ministers Shaped Foreign Policy By Rajiv Dogra1
Rs. 595
SKU: TBS6362

When Narasimha Rao became the prime minister in 1991, just a billion dollars separated India from bankruptcy. He was told by Finance Minister Manmohan Singh, that petrol pumps would run dry after two weeks. India...

  • Book Name: India’S World: How Prime Ministers Shaped Foreign Policy By Rajiv Dogra
  • Publisher: Rupa Publications
  • Product Type: English
  • Barcode: 9789390000000
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When Narasimha Rao became the prime minister in 1991, just a billion dollars separated India from bankruptcy. He was told by Finance Minister Manmohan Singh, that petrol pumps would run dry after two weeks. India was forced to ship 46.8 million tonnes of gold to secure $400 million in loans from the Bank of England and Bank of Japan. This blow to the national pride may not have been comparable to the military humiliation of 1962, but it was bad enough.

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