Background of Economic Reforms in India

Pathak, Manju Lalwani
March 2015
International Journal of Multidisciplinary Approach & Studies;Mar/Apr2015, Vol. 2 Issue 2, p100
Academic Journal
This paper is an attempt of a brief run-down of the various reforms that have taken place and its need through the broad brush of history of economic reforms which begin around 70 years before our independence in 1947 and how consequently, a whole reform process got unleashed in 1991. Further this paper speaks about the palpable performances of Indian economy after implementation of these economic reforms which speaks that where we are now. This paper seeks to provide a profile of data of various indictors like PCI, poverty literacy, life expectancy, power capacity, agriculture, industry services, GDP, saving, investment, GFD, Revenue deficit, Gross tax, interest payments, BOP, Corporate growth etc. have been tabulated in many table to show the consequences of economic reforms in India since 1991 to 2009 which are a key ingredient of the Indian reforms process explains distinct improvement.


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