In an 'Off The Cuff' conversation with Shekhar Gupta & Manasi Phadke, Mahesh Vyas, also the CEO of Centre for Monitoring Indian Economy, also spoke of bringing reforms in the Indian economy.
Former finance minister Chidambaram called it a ‘step forward post-liberalisation’. It’s significant because it was a Congress government that brought in liberalisation in 1991.
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.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
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