1991 Liberalisation

Congress president Mallikarjun Kharge on Wednesday said his party takes immense pride in the groundbreaking achievement of the Liberalisation Budget of 1991 and asserted that there is a pressing need once again for meaningful budget.

The liberalisation of 1991 proved to be a crucial turning point in India's economic history and significantly impacted the rupee-dollar exchange rate.

The Congress posted a nostalgic black-and-white photo of former Prime Minister Dr Manmohan Singh on Instagram in which he is seen standing in his office after presenting the Union Budget in 1991 - the year India opened up the economy with massive tax cuts and big foreign investments.

Indian economy clocked a 10.08 per cent growth rate in 2006-07 under the then Prime Minister Manmohan Singh, the highest since liberalisation of the economy in 1991, according to an official data.

Former Prime Minister Dr Manmohan Singh today said he was "worried" about the "fiscal arithmetic" of the Union budget and wondered how the government was planning to meet its promises. In the last full budget before next year's general election, the focus has been on agriculture and rural sectors. Finance Minister Arun Jaitley has announced a new h...

Former Deputy Governor of the Reserve Bank of India Dr Rakesh Mohan, a key person in writing the new industrial policy of 1991, has now written a book to mark 70 years of independence that also comes 25 years after the reforms transformed India.

Prominent industrialist Adi Godrej today allayed fears of price rise after the implementation of the Centre's flagship Goods and Services Tax, saying the tax slabs have been placed so reasonably, that the overall effect will be "extremely beneficial". Hailing GST as the biggest economic reform since the liberalisation of 1991, he said it would, in ...

Observing that India has opened up 90 per cent of its economy in the 22 years of liberalisation since 1991, Chidambaram said that the country could become a "giant economy" if it grows at 8 per cent continuously for the seven-eight years.

Commercial ties between India and the United States flourished after India's economic liberalisation in 1991, but in recent years each side have accused the other of erecting unfair barriers to trade and investment growth. India's economy has benefitted greatly from information technology firms doing offshore work for U.S. companies, but such outs...

"We were too conservative about the liberalisation but tried to change when market was opened in 1991," Tata said at an interactive session organised by Singhbhum Chamber of Commerce and Industries (SCCI) here last evening.

Congress president Mallikarjun Kharge on Wednesday said his party takes immense pride in the groundbreaking achievement of the Liberalisation Budget of 1991 and asserted that there is a pressing need once again for meaningful budget.

The liberalisation of 1991 proved to be a crucial turning point in India's economic history and significantly impacted the rupee-dollar exchange rate.

The Congress posted a nostalgic black-and-white photo of former Prime Minister Dr Manmohan Singh on Instagram in which he is seen standing in his office after presenting the Union Budget in 1991 - the year India opened up the economy with massive tax cuts and big foreign investments.

Indian economy clocked a 10.08 per cent growth rate in 2006-07 under the then Prime Minister Manmohan Singh, the highest since liberalisation of the economy in 1991, according to an official data.

Former Prime Minister Dr Manmohan Singh today said he was "worried" about the "fiscal arithmetic" of the Union budget and wondered how the government was planning to meet its promises. In the last full budget before next year's general election, the focus has been on agriculture and rural sectors. Finance Minister Arun Jaitley has announced a new h...

Former Deputy Governor of the Reserve Bank of India Dr Rakesh Mohan, a key person in writing the new industrial policy of 1991, has now written a book to mark 70 years of independence that also comes 25 years after the reforms transformed India.

Prominent industrialist Adi Godrej today allayed fears of price rise after the implementation of the Centre's flagship Goods and Services Tax, saying the tax slabs have been placed so reasonably, that the overall effect will be "extremely beneficial". Hailing GST as the biggest economic reform since the liberalisation of 1991, he said it would, in ...

Observing that India has opened up 90 per cent of its economy in the 22 years of liberalisation since 1991, Chidambaram said that the country could become a "giant economy" if it grows at 8 per cent continuously for the seven-eight years.

Commercial ties between India and the United States flourished after India's economic liberalisation in 1991, but in recent years each side have accused the other of erecting unfair barriers to trade and investment growth. India's economy has benefitted greatly from information technology firms doing offshore work for U.S. companies, but such outs...

"We were too conservative about the liberalisation but tried to change when market was opened in 1991," Tata said at an interactive session organised by Singhbhum Chamber of Commerce and Industries (SCCI) here last evening.