It’s been 30 years since India opened up its economy, freeing it of the licence permit raj, improving access to capital, and introducing a New Industrial Policy. But what went on behind the scenes, and how have successive governments taken these reforms forward? In a series of seven conversations with economists, policymakers, thinkers and doers, Puja Mehra unpacks the story behind India’s reforms and finds out what’s likely to happen in the near future.
This is a Mint production, brought to you by HT Smartcast.
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It’s been 30 years since India opened up its economy, freeing it of the licence permit raj, improving access to capital, and introducing a New Industrial Policy. But what went on behind the scenes, and how have successive governments taken these reforms forward? In a series of seven conversations with economists, policymakers, thinkers and doers, Puja Mehra unpacks the story behind India’s reforms and finds out what’s likely to happen in the near future.
This is a Mint production, brought to you by HT Smartcast.
Rakesh Mohan: ‘The 1991 moment was 18 months in the making'
India’s Reforms Story
34 minutes 15 seconds
4 years ago
Rakesh Mohan: ‘The 1991 moment was 18 months in the making'
Only a few people realize how irrational the Indian economic control system was before 1991. What the winds of economic liberalization brought with it was the dismantling of License Permit Raj. Join Pooja Mehra in conversation with Dr Rakesh Mohan, Former deputy governor of RBI, as they discuss this system in-depth, the command-and-control economy, and how much of this system was dismantled after 1991.
India’s Reforms Story
It’s been 30 years since India opened up its economy, freeing it of the licence permit raj, improving access to capital, and introducing a New Industrial Policy. But what went on behind the scenes, and how have successive governments taken these reforms forward? In a series of seven conversations with economists, policymakers, thinkers and doers, Puja Mehra unpacks the story behind India’s reforms and finds out what’s likely to happen in the near future.
This is a Mint production, brought to you by HT Smartcast.
