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1991 ECONOMIC COMPARISON
'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection pointChief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mention...- New GDP series captures structural changes in economy, reflects global best practices: N K SinghN K Singh supports new GDP data reflecting India's economic structural changes. He also noted the sovereign rating upgrade after thirty-eig...
- Rupee is losing value. Here's why it looks like 1991 crisis again and how to protect your wealth today
- West Bengal economy projected to grow at 7.6% in FY26: Economic ReviewWest Bengal's economy is set for robust growth. Projections indicate a 7.62 percent expansion in the 2025-26 financial year. The state's Gr...
- Bibek Debroy on why there's a need to reform the idea of reformYet, when agendas are drawn up for reform, typically by economists, the institutional setting is often ignored. I have in mind the other tw...
- View: India doesn’t need a paradigm shift of the 1991 reforms, but sector-specific reformsThe management of the external sector is a success story of liberalisation. Except for one or two years like 2008 and 2013 when there was a...
- India's public debt ratio to jump to 90 per cent because of COVID-19: IMF"In our projections, the increase in public spending, in response to COVID-19, and the fall in tax revenues and economic activity, will mak...
- Lockdown 4.0: Why it's imperative to find common ground between Centre and states at this stageThe political groundwork to find that common ground is what will need to be done now. Eventually, the success of any reform is through poli...
- 95% entrepreneurial attempts fail in India: DebroySpeaking at the convocation of the IMI, Debroy said that prime minister's initiatives of 'Startup India' and 'Stand-Up India' were not mean...
- Report card: How NDA and UPA fared on efficiency & quality of governanceThe ongoing Indian elections have been marked by an explosion of analyses comparing the performances of the UPA and NDA governments during ...
- Attracting FDI is key to India's future growth prospectsThe FDI policy hasn’t offered comfort to foreign investors due to lack of transparency and consistency in the policy.
- Sense of gloom about economy overdone: World Bank's Chief Economist Kaushik BasuKaushik Basu has said that the present economic crisis is nowhere close to the situation that existed in 1991.
- Economic woes not comparable to 1991 crisis: Kaushik Basu, World Bank chiefIndia's economic problems cannot be compared to the country's 1991 balance-of-payments crisis, Basu said.
- No throwback to 1991 crisis: PM Manmohan Singh"There is no no question of going back to1991 (balance of payment crisis). At that time foreign exchange in India was a fixed rate," he sai...
- Children of reform era born after 1991 to vote in first election. Can Narendra Modi benefit?Equally, it is sobering to note this post-1991 young generation will vote for the first time in a national election in 2014.
- India Inc lauds Manmohan Singh's reforms push despite political compulsionsFICCI Vice President Sidharth Birla said the recent government steps would begin to address the fiscal position, thereby reviving investor ...
- Comparison with 1990 economic situation not correct: Pranab MukherjeePranab Mukherjee emphasized that Indian economy has not gone back to the 1991 era and the government will be able to improve the situation.
- Rupee fall will not last long: Prime Minister Manmohan SinghPrime Minister Manmohan Singh on Tuesday said the fall of rupee is a matter of concern but was confident it will not last very long.
- Rupee fall will not last very long: PMThe fall of rupee is taking place against the backdrop of global economic problems and the Euro zone debt crisis.
- Does the Indian economy have a 1991 crisis feel?The steep fall in the rupee, a CAD at 4% of GDP, stalled reforms, weak political leadership, and a limping global economy to boot, no wonde...
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