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.
Appointed as finance minister under prime minister PV Narasimha Rao, Singh enacted slew of reforms that broke shackles of overregulation & protectionism.
There are several reasons why even people who would not normally lie do not like to speak the truth. One of these is that the truth usually is a terrible enemy of conspiracy theorists.
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.
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.
Stating that its 1998 verdict failed to fulfil a two-fold test, a seven-judge SC bench has overturned the verdict which granted protection to legislators for alleged corruption.
President of India has conferred Bharat Ratna on PV Narasimha Rao. In this 2004 interview, former PM talked about his political journey & where he saw India headed.
The contributions of former PM Narasimha Rao and scientist MS Swaminathan show how innovation and determination can eliminate challenges. They were not sectarian and did not dedicate themselves to just their states alone.
Deterrence cannot mean institutional licence for an endlessly extensible raid. A search that extends across days, followed by seals and freezes that linger for weeks, begins to resemble a siege.
76% of Centre’s deregulation reforms implemented across states under Phase-I of compliance reduction exercise. Several states & UTs adopted flexible land use, 3rd party inspections, labour reforms.
NSE CEO Ashishkumar Chauhan was speaking at Off The Cuff event hosted by ThePrint's Editor-in-Chief Shekhar Gupta. He said that NSE, on average, sees 20 crore cyberattacks each day.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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