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Thursday, November 6, 2025
Topic1991 reforms

Topic: 1991 reforms

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.

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.

On Camera

Indians have a complicated relationship with Zohran Mamdani

Mamdani’s politics feels unusual compared to India’s current climate. He unapologetically foregrounds Muslim identity at a time when doing so in India invites scrutiny.

What does NCLAT order mean for data-sharing ban, penalty imposed by CCI on Meta & WhatsApp

On 4 November 2025, NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Arun Baroka, noted that WhatsApp and Meta are distinct legal entities.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.