Keyword : Liberalisation

India in 1991 could have mirrored Greece in 2015

Narasimha Rao’s masterstroke was the appointment of Manmohan Singh. One of his closest aides later recalled to me that even as a cabinet minister, Rao always felt that a prime minister should

Economic reforms: A bibliography

As the country completes 25 years of economic reforms, we recommend following books that give a glimpse of India’s journey after the historic economic reforms in 1991. 

Children of Reforms

You can see them around you all the time. They cut across geography, gender, caste, class, community and religion. Almost all of them have tell-tale signs – they are young, generally between

“If I was not forced to present an interim budget I would’ve also made the same speech”

Yashwant Sinha has a critical role in the story of India’s economic reforms. It was he who was at the helm when the economy was in the worst crisis, keeping the vigil before the dawn of t

“We need leaders who will try to explain the logic [of reforms] to the people,” says Montek Singh Ahluwalia

If there is one person from the bureaucracy who has made the biggest contribution in planning and implementing the economic reforms, it has to be Montek Singh Ahluwalia. Commerce secretary at t

“India is now wide awake. We shall prevail. We shall overcome.”

THE DIAGNOSIS ‘At the edge of precipice’ 2. The new Government, which assumed office barely a month ago, inherited an economy i

India has failed in bringing administrative reforms: Mark Tully

  It was the former prime minister, Rajiv Gandhi, who first wanted to introduce economic reforms. In the pursuit of that, I saw Rajiv as someone who got himself into what I may call a

The poor have been forgotten more and more: Harsh Mander

I was still in civil services when economic reforms were introduced in 1991. A more dramatic event around that time [1992] was the demolition of Babri Masjid. In retrospect, one realises ho



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