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Thursday, October 9, 2025
Topic1991 reforms

Topic: 1991 reforms

When economics defeated ideology in India and the three men behind it

In 'Reform Nation', ORF vice president Gautam Chikermane calls the 1991 reforms 'economic in expression but political in stance'.

1991 reforms benefitted people unevenly, need wealth creation at bottom of pyramid: Ambani

In a column on the occasion of 30 years of economic liberalisation, Reliance chairman Mukesh Ambani said bold economic reforms helped GDP of $266 billion in 1991 grow over ten times.

‘Road ahead more daunting than during 1991 crisis’: Full text of Manmohan statement on reforms

In a statement Friday, the former PM and architect of 1991 economic reforms said he was 'deeply saddened' by impact of Covid pandemic on Indians. Read his full statement here.

Why Modi’s India can’t repeat the 1991 reforms miracle of Narasimha Rao & Manmohan Singh

PM Modi's popularity remains unmatched, as does his flair for dramatic gesture. But his govt and Indian bureaucracy aren’t set up to develop a consensus behind liberalising reforms.

History will acknowledge Modi govt reforms were as path breaking as 1991, CEA Subramanian says

In an interview with ThePrint, Chief Economic Adviser V. Subramanian talks on reforms of the Modi govt, their impact on economic recovery & what latest sero survey results mean for India.

Manmohan Singh told me ‘detachment to power’ and ‘attachment to reform’ was his weapon in 1991

Economic reform in a developing country like India is primarily about relinquishing control by the government. Modi govt loves control.

How Narasimha Rao and Manmohan Singh rescued India in 1991 and made history

The reforms were undertaken exactly 30 years ago, at a time when India was facing its worst economic crisis. Here’s a look at what led to the crisis and how India weathered it.

India is walking on one leg because 1991 reforms missed banking & finance

Restrictions on banking led to limited capacity for new entrepreneurs to have access to resources. It allowed the old elite to continue dominating. This order must be shaken up now.

$97 mn in 1991 to $82 bn in 2021 — how reforms made India a go-to destination for FDI

Average yearly FDI inflows were at $63 bn during Modi govt tenure beginning 2014, compared to average annual inflow of $30 bn during 10 yrs of UPA.

On Camera

India’s $44 billion space dream rests on getting SATCOM right

The Satellite Communication vertical is expected to contribute approximately $14.9 billion by 2033, with $12.7 billion projected from the domestic market and $2.2 billion from exports.

60% increase in India’s carbon emissions by 2050, coal to remain top energy source: BP Energy Outlook

The country will account for 12 percent of global energy demand by 2050 from 7 percent in 2023, adds BP report.

India, UK sign £350 mn deal for Martlet. What are these Lightweight Multirole Missiles

In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.

How Pakistan thinks: Army for hire, ideology of convenience

Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.