ADVERTISEMENT

1991 Economic Reforms: 5 Months Which Transformed India

Forex for three weeks of imports. Political instability. Gold pledged to raise money. How did 1991 reforms unfold?

Updated
India
2 min read
1991 Economic Reforms: 5 Months Which Transformed India
i

(This article was first published on 20 September 2019 and has been republished from The Quint's archives to mark the birth anniversary of Dr Manmohan Singh.)

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?’

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Chapter 2: ‘Suddenly, There Was An Explosion’

Chapter 3: A New Prime Minister & An Unfinished Lunch

ADVERTISEMENT

Chapter 4: The Month Which Changed India

(Sources cited: India After Gandhi by Ramchandra Guha, The Hindu, India Today, Livemint, Businessworld)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

Published: 
Speaking truth to power requires allies like you.
Become a Quint Insider
25
100
200

or more

PREMIUM

3 months
12 months
12 months
Check Insider Benefits
ADVERTISEMENT
Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!
ADVERTISEMENT
×
×