Who is known for implementing significant economic reforms during their tenure as Finance Minister?

The individual recognized for implementing significant economic reforms during their tenure as Finance Minister is Dr. Manmohan Singh. Serving from 1991 to 1996, he was pivotal in introducing groundbreaking measures that transformed the Indian economy. His policies included the liberalization of the economy, reduction of import tariffs, deregulation, and encouragement of foreign investment.

These reforms marked a significant shift from the traditional, protectionist economic approach to a more open, market-oriented framework that aimed to foster growth and competition. Dr. Manmohan Singh's economic strategies were critical in addressing the balance of payments crisis that India faced in the early 1990s and are widely credited with setting the foundation for substantial economic growth in the following decades.

The other individuals mentioned also played important roles in India’s economic landscape, but their contributions did not match the scale or impact of the reforms initiated by Dr. Manmohan Singh during his tenure.