Inside Story Of The 1991 Economic Reforms: The Genesis And The Legacy (Video)
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Ahmedabad University
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In this session of The Conversation Series, Dr Montek Singh Ahluwalia, Former Deputy Chairman, Planning Commission of India; Distinguished Fellow, Centre for Social and Economic Progress; Author, Backstage: The Story Behind India's High Growth Years speaks with Professor Ravi Miglani, Professor Of Practice Of Management; Director, Executive Education, Ahmedabad University, on ‘Inside Story Of The 1991 Economic Reforms: The Genesis And The Legacy’. He shares an insider’s view on what led to the fateful budget speech of July 1991, and the events it set in motion. He also answers questions such as: what circumstances led to the cascade of reforms in 1991? Had the reforms been brewing in the corridors of power since much before 1991? Were these reforms bold, deep, and decisive? Why have the reforms run out of steam in the past decade? Any lessons for contemporary India dealing with the post-pandemic economic crisis?