He will be remembered for long as a reformer who changed the destiny of India. We are today talking about the possibility of India becoming a developed country in 2047. This will not be possible but for the foundation laid in early 1990s by Singh.
The break with the past in 1991 came in three important directions. The first was to dismantle the complex regime of licences, permits and controls that dictated almost every facet of production and distribution. Barriers to entry and growth were dismantled. The second change in direction was to reverse the strong bias towards state ownership of means of production and proliferation of public sector enterprises in almost every sphere of economic activity.
This story is from the December 28, 2024 edition of Financial Express Pune.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 28, 2024 edition of Financial Express Pune.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MRF: Crude prices, Re slide driving surge in tyre prices
RISING CRUDE OIL prices and a depreciating rupee are driving up tyre costs, according to Arun Mammen, vice chairman and managing director of MRF.
Top realtors steer clear of affordable housing
LIMITED INCENTIVES FOR private players create barriers to scaling affordable projects, Signature's Aggarwal said.
Trump Holds Victory Rally Ahead of Inauguration
Mukesh, wife Nita to attend the event
Skilling shouldn't be on a budget
● Focus on women, migrant workers, infrastructure
India Leads in Disaster Management, Says Shah
BACKED BY RESILIENT infrastructure in the area of disaster management, India has emerged as a global leader in the sector by adopting a 'zero casualty' goal during calamities, Union home minister Amit Shah said on Sunday.
Hindenburg founder faces scrutiny
NATE ANDERSON, 'ACTIVIST', short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario.
MBA Isn't At Risk; It's In Transition
Rekha Sethi, the director general of the All India Management Association (AIMA) – the apex body for management profession in India – is of the opinion that despite poor placements at business schools last year, the MBA degree isn't at risk. \"It's in transition,\" she says.
A Bigger Playing Field
The male consumer has evolved, so it's time for Smart and Handsome to flex
A big display for entertainment
A budget phone that provides a hasslefree experience
Trade Partner Or Adversary?
India must think beyond China-Plus-One strategy as the world trade order is rapidly changing
