31min chapter

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

Ep 387: The Life and Times of the Indian Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Economic Reforms of 1991 in India

This chapter explores the economic challenges faced by India before the reforms of 1991, including fiscal deficits, high inflation, and restrictive economic policies. It discusses the key elements of the reform package such as unshackling the private sector, reducing public sector ownership, and opening up the economy to foreign investment. The chapter also analyzes the impact of the reforms on India's economy, the role of political leadership in enacting changes, and the importance of empowering the masses through education, health, and agricultural reforms.

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