N K Singh, an Indian policymaker and economist, was given an honorary fellowship by the London School of Economics and Political Science ( LSE ) on Wednesday night at a ceremony in London.
Singh (83 ) joins Sir Karl Popper, Amartya Sen, Queen Elizabeth the Queen Mother, and other individuals who have received this distinction.
Singh said:” It is a heartbreaking moment for me considering the appearance of many of my forebears. Since its founding in 1895, the Oxford has been a center of intellectual and academic excellence. The India- London partnership has been intense and inquisitive. Both parties have benefited from the exchange of ideas. In many ways, it has been crucial to our modern history. After all, Dr Bhim Rao Ambedkar, frequently regarded as the father of the Indian Constitution, was also an student of LSE”.
He then continued to discuss the beginning of the American time. The” Washington Consensus has boosted growth in many countries but resulted in injustice and an ever more shattered and dissatisfied populace,” he said. China offers a solution, not because it has imposed a homogeneous social system that few nations want to follow, but because it has had great success with material growth. Many developing nations are not interested in the Western model because it has not experienced rapid growth.
He explained that India offers a fresh approach to development that is based on leapfrogging technology, utilizing its source potential, digitizing public services, coordinating agricultural practices with green objectives, adapting teaching to changing need patterns, and utilizing technology to improve health outcomes.
India is a founding member of the BRICS and a key player in the non-aligned movement. We have gained a reputation as a skilled pilot, skilled at balancing competing interests and forging strategic alliances because of our practice in navigating the minutiae of international relations. We find ourselves in a distinctive place to shape the global narrative as we attempt to elicit a more important function for the Global South,” he continued.
Who have made an outstanding contribution to London and its international community and who have consistently gone above and beyond expectations in the course of a prolonged period is honored and honored in the awarding of an honorable fellowship.
Singh has been at the forefront of Indian policy and was a key member of the elite class of civil servants and leaders who participated in India’s economic reforms of 1991, which altered the country’s economy. In addition to serving as secretary to the next prime minister Atal Bihari Vajpayee and secretary in different departments within the ministry of finance, he was constantly involved in significant architectural and macroeconomic reforms.
He is now the leader of the Institute of Economic Growth and co-chair of the high-level expert group for transformation of multilateral development banks established by the G20. Due to this, he served as a member of the 15th Finance Commission and a part of the Rajya Sabha.
Singh has a long-standing and devoted marriage with LSE throughout his career, and he serves as the co-chair of LSE’s India advisory board.
