Jul 29, 2021 06:17 PM IST
The reform progress on some of the sectors like agriculture, power, logistics etc. continues to lag the overall reform momentum. This is partly because these reform measures need a broader Centre-State consensus, the Founder of IIFL Group said.
- Jul 29, 2021 03:29 PM IST
India needs to cleanse itself of the socialist brainwash over the decades and step into the freedom of personal choice in regulated markets with little scope of rent-seeking by the powers that be
- Jul 28, 2021 02:35 PM IST
Despite the fact that the Constitution mentions three organs of State — the executive, the judiciary and the legislature — why is the exclusive focus of the reform discourse the executive, as in the Union government, not even state governments?
- Jul 27, 2021 04:32 PM IST
In 1991, Manmohan Singh spoke of the need to increase the efficiency and international competitiveness of industrial production of domestic entities, as did his successors, but there was little government support that was crucial for realising this objective
- Jul 26, 2021 08:23 PM IST
The expansion of Indian businesses and the entry of MNCs in manufacturing and services opened up opportunities for women to excel.
- Jul 26, 2021 11:20 AM IST
What began as a response to an economic crisis has led to an unprecedented environmental crisis that is set to reverse what little gains we made over the last three decades
- Jul 23, 2021 02:58 PM IST
Thirty years since 1991, Prime Minister Narendra Modi has finally initiated another mega-round of reforms that rival the 1991 reforms in their scope; most importantly, farm laws and labour codes
- Jul 23, 2021 08:52 AM IST
The progress made so far appears patchy and reluctant. Comprehensive and constitutionally-enforceable policies for sustainable development and digital commerce need to be evolved and implemented earnestly, at the earliest
- Jul 22, 2021 05:00 PM IST
As the country celebrates three decades of economic liberalisation, a look at the ups and downs that the Indian stock markets traversed.
- Jul 22, 2021 11:56 AM IST
Apart from PV Narasimha Rao, who provided the all-important political backing for these reforms, what facilitated the reforms was the unique coming together of a group of like-minded officials
- Jul 22, 2021 11:43 AM IST
Strengthening financial regulators by granting them more autonomy should be part of the priority areas of the next phase of financial sector reforms
- Jul 22, 2021 11:31 AM IST
The former chief of ICICI Bank and New Development Bank is particularly bullish on what he calls the 'digital supercycle' that has already created millions of jobs and spurred consumption, something that India hasn't yet fully factored in
- Jul 21, 2021 01:02 PM IST
From the bleakness of the pre-reforms era to the digital super cycle today, India has come a long way. KV Kamath, former President of the New Development Bank and one of India Inc's tallest leaders believes the digital super cycle is already having a huge impact on India but we haven't reckoned with it yet. He also spoke about why Fintechs will find it hard to succeed.
- Jul 21, 2021 10:00 AM IST
The Indian economy before liberalisation had its own unique set of terms and jargons. Some have gone out of fashion, others have hung around in new avatars and disguises, yet others have shot in prominence again while we have made up a few to cover all 26 letters of the alphabet. Here’s a look
- Jul 21, 2021 09:19 AM IST
The ED & CEO of ICICI Mutual Fund recalls that most of the IPOs back then were just Rs 3 crore in size
- Jul 20, 2021 06:39 PM IST
Piyush Pandey, Chairman Global Creative and Executive Chairman India, Ogilvy, talks about the transformation seen in the advertising industry and the economy at large following the 1991 reforms.
- Jul 20, 2021 04:28 PM IST
The Group President & Head of Equity at UTI Mutual Fund, Vetri Subramaniam, takes us through the revolution in the equity markets post 1991 reforms and tells us how UTI has stayed relevant over the decades
- Jul 20, 2021 11:33 AM IST
Former Planning Commission Vice-Chairman Montek Singh Ahluwalia was the Commerce Secretary when then Finance Minister Manmohan Singh presented the 1991-92 Union Budget. Soon after that, Ahluwalia moved to North Block to become the Economic Affairs Secretary and then the Finance Secretary, assisting Singh and Prime Minister PV Narasimha Rao in implementing the reforms. In an interaction with Moneycontrol’s Arup Roychoudhury, Ahluwalia reminisces about his role as part of Rao’s inner-circle of officials, the challenges they faced, and the work they had to put in.
- Jul 20, 2021 09:49 AM IST
As India marks 30 years of liberalisation on July 24, Infosys founder NR Narayana Murthy spoke to Moneycontrol on how the context of 1991 changed the aspirations of Infosys in one go, the hurdles that went away and the next wave of reforms that can help galvanise India.
- Jul 20, 2021 09:44 AM IST
As India marks 30 years of economic liberalisation on July 24, Infosys founder NR Narayana Murthy spoke to Moneycontrol on how the context of 1991 changed the aspirations of Infosys in one go
- Jul 19, 2021 03:40 PM IST
HDFC Limited Vice-Chairman and CEO, Keki Mistry, talks about how the 1991 reforms transformed the Indian economy. He also suggests how focus on financial sector reforms and enabling policies can fuel growth from here on.
- Jul 16, 2021 03:19 PM IST
Biocon’s Executive Chairperson, Kiran Mazumdar Shaw, says we have seen strong and sustainable growth over the last three decades, owing to the bold reforms of the early 90s. However, she adds, the government needs to focus on further easing regulations and administrative requirements to facilitate Ease of Doing Business.
- Jul 16, 2021 03:01 PM IST
India’s economic diplomacy has to pull itself up by its bootstraps to keep up with global challenges
- Jul 16, 2021 02:14 PM IST
Calling the 1991 reforms a huge moment for India Inc, Harsh Mariwala said the reforms unleashed a tremendous amount of corporate energy. However, the Marico’s top boss believes the journey should continue and that entrepreneurs need to drive growth. He tells us why India can be at the top of the world in the next 10 years. Listen in
- Jul 16, 2021 12:08 PM IST
At a time when many expected India to shut its doors to conserve its reserves, it bravely did the opposite. India might have been staring at the end of the proverbial barrel then, but the iconic reforms have put the gun in India’s hands now. The 1991 reforms turned out to be the turnaround scrip that changed the grammar of the country for ever.