At a time when many expected India to shut its doors to conserve its reserves, it bravely did the opposite. India might have been staring at the end of the proverbial barrel then, but the iconic reforms have put the gun in India’s hands now. The 1991 reforms turned out to be the turnaround scrip that changed the grammar of the country for ever.
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1991 Reforms: A Landmark Move That Changed India
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economicMoneycontrol newseconomymoneycontrol.combusiness1991 Reforms1991 reformsvideosmanmohan singhindia fmpv narsimha raoglobalisationprivatisationliberalisationbefore 1991 vs after 1991divestmentPV Narasimha Raofinance minister Manmohan Singh1991 economic reformsIndian economy1991 budgetFDIExchange rateIndustrial licensingMRTP actbusiness reformsmarket reforms
