Wednesday, June 30, 2021

Thirty Years of India's Economic Reforms

This year marks the journey of thirty years of major economic reforms of India which started in 1991 although not in a systematic manner. All the major steps taken to push the country out of abject poverty were really paid off much more than it was thought out to be by many experts. The reform journey is still yet to complete full square.

The following articles reflects on the India's 1991 economic reforms with a strong note on what should be done to complete the circle of the reforms both structural and systematic process of making the country not just rich by GDP but by every individual's prosperity with better standards of living.

Delhi based public policy think tank Centre for Civil Society has documented with well thought out articles on India Before 1991 major crisis, the economy that was crawling for decades to take off. 

Like 1991, 2021 is an opportunity by C. Rangarajan

More than just a BOP issue’ by Montek Singh Ahluwalia

"India’s path to capitalism is yet to credibly create markets that embrace competition and create conditions for widespread prosperity." Says Yamini Aiyar.

Reforms and Indian capitalism By Yamini Aiyar.

India after 1991: Towards East Asia or Latin America? by Niranjan Rajadhyaksha

The 30 years that changed the country

30 years after 1991, liberalisation 2.0 needed by Shankar Aiyar



India's reform story, a series of articles and interviews and discussions of experts.