The Seen and the Unseen - hosted by Amit Varma cover image

Ep 237: The Importance of the 1991 Reforms

The Seen and the Unseen - hosted by Amit Varma

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The Bombay Plan

Gesso: In the fifties, when we in india would desire to set up a factory, it seems inconceivable to it. To day, all the world's good capital goods available in india. There is an ample supply of construction contractors who'll build a factory. But the level of capability in india at that time was low and there was also a lack of finance. Plus government control of the financial system undertaken in an autarctic environment where you don't do international trade. Gesso: Once you go exactly downd this route, it gets worse because it just goes bad.

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