20 Years Of Reforms

  • 20 years of reforms: C Rangarajan's views July 22, 2011

    It's been 20 years since Manmohan Singh opened up Indian economy and freed up Indian entrepreneurship. In 1991, when Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in...
  • 20 years of economic reforms: Raghav Bahl's views July 22, 2011

    It's been 20 years since Manmohan Singh opened up Indian economy and freed up Indian entrepreneurship. In 1991, when Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in...
  • 20 years of reforms: Bimal Jalan's views July 20, 2011

    In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments deficit...
  • 20 years of reforms: Montek Singh's view July 19, 2011

    In 2011, India's Foreign Exchange Reserve stands at $315.72 billion, but 20 years ago, in 1991, the foreign exchange reserves were barely a billion dollars and FDI was almost non-existent. In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to...
  • 20 years of reforms: Shankar Acharya's views July 18, 2011

    In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments deficit...