Economic reforms refer to policy changes aimed at improving a country's economic performance. They often involve liberalising markets, reducing government intervention, and enhancing competition. In India, significant reforms began in the early 1990s. These changes aimed to stimulate growth and attract foreign investment. The reforms transformed various sectors, leading to increased productivity and economic expansion. They continue to shape India's economic landscape today.
With the Union Budget approaching, the performance and future role of public-sector enterprises (PSEs) have once again come into focus. Far from the stereotype of inefficiency, India’s central...
Prime Minister Narendra Modi has described his government as being in “Reform Express” mode. In recent years, reforms in income tax, the Goods and Services Tax, employment schemes,...
India’s 8 per cent growth in the first half of the year, alongside a near-20 per cent jump in exports in November despite global trade turbulence, signals an...
January, named after the Roman god Janus who looks both backward and forward, is an apt moment for India’s economic introspection. Thirty-five years after the 1991 economic reforms,...
China and India began their post-independence economic journeys with broadly similar developmental challenges, but their trajectories diverged sharply after key policy shifts. China’s reforms under Deng Xiaoping in...
Sher Shah Suri, born Farid Khan, was ruler of the Suri Empire in the Indian subcontinent. His reign lasted from 1540 to 1545 AD. Sher Shah is renowned...
