1991 economic reforms: 5 months which transformed india

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_(This article was first published on 20 September 2019 and has been republished from THE QUINT's archives to mark Dr Manmohan Singh's 90th birthday on 26 September 2022.)_ In


1991, India was far from being an economic superpower. Foreign exchange to cover just three weeks of imports, gold pledged to take loans, political instability with Rajiv Gandhi’s


assassination: India was facing an economic and a political crisis. How did the battle to save India’s economy unfold? CHAPTER 1: ‘SIR, WHO ARE YOU REPRESENTING?’ CHAPTER 2: ‘SUDDENLY, THERE


WAS AN EXPLOSION’ CHAPTER 3: A NEW PRIME MINISTER & AN UNFINISHED LUNCH CHAPTER 4: THE MONTH WHICH CHANGED INDIA Published: 20 Sep 2019, 5:57 AM IST