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.
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.
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.
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.
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.
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.
The screwworm has breached the biological wall established in Panama over decades. The pest is relentlessly marching northwards—helped by Trump’s flailing foreign policy.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
The Navy has always been on board with the theaterisation plan, but the Air Force feels splitting up air assets into several theatre commands is futile & will tie up critical systems.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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