Finance Minster Manmohan Singh is in the picture taken in parliament House on July 24, 1991.

It was the day he presented a new industrial policy and first budget.

Jairam Ramesh, congress leader wrote about the 1991 Budget and "how Dr. Manmohan Singh, the ‘hedgehog’, and Prime Minister Narasimha Rao, the ‘fox’, rescued India at its darkest moment."

"June 21 to July 24, 1991 witnessed an intellectual revolution, but it was an evolutionary one — both the crisis and the response were some years in the making. To borrow an analogy from the great historian of ideas, Isaiah Berlin, if Dr. Singh was the hedgehog who knew only one big thing and that is economic reforms, Rao was the crafty and cunning fox who knew many things. It was this unusual jugalbandi that rescued India at its darkest moment when India could well have mirrored Greece in 2015. There are many lessons to be drawn from what the duo did and more importantly how they did it, lessons that have great contemporary relevance as well."