Wednesday, July 20, 2016

India's Economic Reforms (1991 - 2016) Review and Plan for 2016-2041 - $20 Trillion GDP




Indian Economic Reforms - Review of the period 1991 - 2016


All newspapers and periodicals are publishing articles reviewing the reform process initiated in 1991 and sustained till 2016 in a party neutral manner. Whichever government came into power so far, it carried the reforms further and strengthened the liberalized economic system where private business is allowed to show its entrepreneurial ability without the shackles of government planning commission and licenses based on it. Public sector was allowed to expand wherever possible without insisting on domination of public sector in every organized sector of economic activity.

Below is the collection of articles that are being published in Indian and Foreign press about the economic reforms undertaken during the period 1991 - 2016 in India

The first important document that every reader interested in knowing about economic reforms that Indian government initiated has to read is the budget speech delivered by Dr. Manmohan Singh, Finance Minister on 24 July 1991.

http://indiabudget.nic.in/bspeech/bs199192.pdf


20 years of economic reforms
Aug 09 2010.
http://www.livemint.com/Politics/nAnoRg4LU8JTsUE4T7STWI/20-years-of-economic-reforms.html

Twenty years after India’s historic economic reforms, it’s time for another big effort
Jul 21st 2011



25 Years Reviews - Published in 2016


25 years of reforms: Liberalisation is significant, but we still have an exit problem, says Finance Minister, Arun Jaitley
http://economictimes.indiatimes.com/news/economy/policy/25-years-of-reforms-liberalisation-is-significant-but-we-still-have-an-exit-problem-says-arun-jaitley/articleshow/53309906.cms

25 years of reforms: How a PM with zero knowledge of economics scripted India's biggest turnaround story
http://economictimes.indiatimes.com/news/politics-and-nation/25-years-of-reforms-how-a-pm-with-zero-knowledge-of-economics-scripted-indias-biggest-turnaround-story/articleshow/53309051.cms


Economic reforms: P Chidambaram on India’s tryst with destiny
By: P Chidambaram | Published: July 10, 2016
Financial Express

The only way in which we can accelerate and sustain the pace of development is to ensure that every able-bodied adult can work and contribute to economic development. - P Chidambaram

If the Indian economy grows at 6% or 7% or 8%, it will continue to attract FDI. Money will flow into India. Infrastructure will be built. Factories will come up. Doing business will become easier in course of time. - P Chidambaram

A poorly educated and unhealthy workforce will be a severe drag on the economy. - P Chidambaram

http://www.financialexpress.com/fe-columnist/economic-reforms-p-chidambaram-on-indias-tryst-with-destiny/311890/




Quarter of a mile
The economic reforms initiated in 1991 changed India as we knew it. Twenty-five years later, the transformation is anything but complete, and there is a long way to go
http://www.theweek.in/theweek/cover/25-years-after-the-economic-reforms-of-1991.html


How reforms killed Indian manufacturing
ASHOK PARTHASARATHI
(Ashok Parthasarathi was the Science and Technology Adviser to the late Prime Minister Indira Gandhi.)
March 15, 2016
http://www.thehindu.com/opinion/op-ed/ashok-parthasarathi-how-reforms-killed-indian-manufacturing/article8352882.ece


The ease of living in India
PULAPRE BALAKRISHNAN
A quarter century of economic reform has transformed the economy. But governments have been less mindful of addressing social and natural capital
Pulapre Balakrishnan teaches economics at Ashoka University.
June 18, 2016
http://www.thehindu.com/opinion/lead/the-ease-of-living-in-india-with-economic-reform/article8641712.ece


Search Links for Articles on Economic Reforms in India - Newspaper  and Periodical Specific

The Economic Times
http://economictimes.indiatimes.com/25-years-of-reforms/newslist/53309247.cms

Indian Express





India Economic Plan for the Future -  2016 to 2041






2016 Opinions


Montek Singh Ahluwalia - We need to focus on our cities and the challenges of urbanisation. That’s much more important.


At this juncture, the government should concentrate its attention on three quiet crises in the economy — in agriculture, industry, and infrastructure — which run deep and loom large as binding constraints on our economic performance.


Deepak Nayyar  (Chief Economic Adviser to three governments — two short-lived ones led by V P Singh and Chandra Shekhar and later, for the first few months of the Narasimha Rao-led government)
- At this juncture, the government should concentrate its attention on three quiet crises in the economy — in agriculture, industry, and infrastructure — which run deep and loom large as binding constraints on our economic performance.


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