scorecardresearch
Wednesday, July 16, 2025
Topic1991 reforms

Topic: 1991 reforms

UP was growing faster than Kerala in 1980s. Then came Narasimha Rao’s economic reforms

In 'Demography, Representation, Delimitation', Ravi K Mishra draws on 150 years of census data to tackle myths about demography and delimitation.

Thank you Trump for putting tariff gun to India’s head. That’s the only way we’d be forced to reform

Trump threatening to pull the trigger might be just what is needed to wake up India’s self-congratulatory establishment from its headline-managing fantasies.

35 yrs of Mahalanobis model vs 35 yrs of Manmohan Singh. Two key moments of Indian economy

In 1991, as in 2025, the report cards of these two economic trajectories remain underwhelming. But as economists see it, politics got in the way each time. 

Manmohan Singh has a legacy beyond 1991. Nuclear deal with US shows his strategic vision

Manmohan Singh’s success lay in making a decisive and historic shift towards the West. It was also audacious, in my book even more so than the 1991 reform, given how little support it had within Congress and UPA.

India’s backsliding on hard-won economic freedoms of 1991, with no reformers to protect them today

There are 3 perfectly timed triggers for this week's column: old, povertarian instincts are back; steel industry lobbying for more import duties; absence of reformers like AD Shroff.

1991 reforms shifted burden of healthcare costs from govt to people. PM-JAY reversed it

After LPG, out-of-pocket expenditure on health facilities increased not only in absolute terms but also as a percentage of total health expenditure.

When Indian economy was liberalised—Manmohan Singh’s 1991 Budget speech

On 24 July 1991, finance minister Manmohan Singh presented the Union Budget for 1991-92 that changed the course of Indian economy. In his Lok Sabha speech, he quoted Victor Hugo to say, 'no power on earth can stop an idea whose time has come.'

‘India can see China-like economic success without sacrificing democracy,’ says TeamLease vice-chairman

Manish Sabharwal blames regulatory hurdles, lack of human capital development, and failure to transition from farm to non-farm sectors for India’s slower economic growth compared to China.

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Indian economy would’ve liberalised long before 1991. But Bofors scandal stalled it

The whole truth regarding the 1991 reforms is that India was in the process of revamping its industrial and trade policies from the last years of Rajiv Gandhi’s tenure.

On Camera

Stop telling South Indians to learn Hindi. In Hyderabad, languages coexist without imposition

I was surprised when Andhra Pradesh minister Nara Lokesh and Deputy Chief Minister Pawan Kalyan advocated for Hindi—at a time when states like Tamil Nadu and Karnataka are opposing its imposition.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

3 top ULFA-I leaders ‘killed’ in Myanmar, Indian Army denies role as insurgent group alleges involvement

The banned group claimed their leaders & cadres were killed in ‘drone strikes’ by the Indian Army. Guwahati Defence PRO denies any such operation.

RSS chief Bhagwat draws the line at 75. India’s politics stares at the Modi Exception

BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.