evidence: Under his tutelage, the tax system was rationalised. Many controls and regulations that saddled Indian business were scrapped and entrepreneurs found themselves empowered with new business freedoms. Productivity jumped and the industry grew in unprecedented leaps. Years later, India’s industry captains still look to Singh with reverence and gratitude. And there is a general expectation that with the "reformist" back at the helm, India’s economy will be in safe hands.