Keyword : Reforms

Jaitley’s budget not going to increase India’s ratings

Despite finance minister Arun Jaitley’s good budget the country’s ratings are not likely to change due to subsidies, debt and missing reforms.The budget has in fact slowed the pace of f

Fitch joins Moody’s, warns of weak business environment

After global rating giant Moody’s warning that there were growing concerns about risk of policy stagnation in India and “some disappointment” over the pace of reforms under the Mo

Govt thinks aloud on session for GST as Moody’s advises reforms

Even as union minister M Venkaiah Naidu today said that government may convene second part of the monsoon session to pass key legislations, rating agency Moody’s Investors Service on Tuesday

Common sense approach is govt’s mantra, says prime minister Modi

The path his government has chosen is one that uses common sense to solve problems, declared prime minister Narendra Modi today. Making it clear that there is no one right way to ma

Memories, bitter and sweet

The crisis of 1991 is the most momentous event I was ever involved in; it is also perhaps when I did the greatest service to my country. But it is also when I met colleagues with sharp knives &ndas

Who will reform the idea of reform?

For the last one month, India has been wallowing in a cool, scented pool of self-congratulation over the 25th anniversary of economic reform that began in July 1991. But as has been well said, what

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

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

“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 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

“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

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

Railway budget is history. Here’s the rationale behind ‘budget reforms’

Doing away with yet another long-standing tradition, the cabinet has decided to do away with the

Modi`s magic intact; BJP can now take 2019 for granted

Bharatiya Janata Party’s spectacular show in the elections 2017 – especially, the victory in Uttar Pradesh, has put a stamp of invincibility on prime minister Narendra Modi’s pers

Reform first, privatise later: Bibek Debroy to railways

Before privatisation and corporatisation, the Indian Railways need to undertake major reforms including commercial accounting, decentralisation and human resource among others, said Bibek Debroy, e

All governments have failed the people of India: Yashwant Sinha

 “The support of political parties to reforms depends on which side they sit in the parliament,” said former finance minister Yashwant Sinha while referring to the 1991 economic re

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