Economic Liberalisation

35 years of liberalisation: How IT sector became India's dollar engine

India's IT industry was built not just on Y2K, but on the 1991 reforms that opened capital, technology, telecom and global markets, creating a powerful engine of exports and foreign exchange

Datanomics: West Asia conflict and India's petroleum trade diversification

India's development ambitions will depend not on promises alone, but on sustained reforms, better-designed welfare, inclusive products, capable leadership and accountability

Best of BS Opinion: Prosperity depends on execution, not entitlement

India's development ambitions will depend not on promises alone, but on sustained reforms, better-designed welfare, inclusive products, capable leadership and accountability

Reforms for higher growth: India must capitalise on international trade

India needs faster tariff cuts, deeper trade integration and stronger investment treaties to boost exports, attract FDI and sustain the high growth needed to become a developed economy

1991 marked a paradigm shift in industrial, trade policy: Jairam Ramesh

Jairam Ramesh says the 1991 reforms transformed India's economy, but reviving private investment is now the country's biggest economic policy challenge

How reforms transformed D-Street into a world-class capital market

Three decades of reforms, technology and regulation have transformed India's capital markets into one of the world's most efficient, transparent and accessible investment ecosystems

35 years of liberalisation: How the 1991 BoP crisis forced historic reforms

A balance of payments crisis, emergency gold pledges, and a reform-driven Budget in 1991 set India on the path towards economic liberalisation

After economic reforms, we were no longer afraid of the world: Tarun Das

"We can no longer be happy with protectionism. We must free the MSME sector and stop harassing them with so many inspectors. If necessary, we can build a stronger venture capital ecosystem for them"

Grace under fire: RBI represents a crisis manager's balancing acts

Since 1991, RBI has played key role in averting crises that posed a threat to India's economy

There is another way

Strong, decisive rule is not the only way to effectiveness. Our experience since 1991 shows diffused economic and political power can deliver the goods even better

A portrait of Gautambhai

The emergence of the house of Adani is both unusual and remarkable. A new biography of the business tycoon attempts to lay bare the secrets behind his stupendous trajectory, but leaves many questions

Jamshed Irani: Architect of post-lib Indian industry and 'New Tata Steel'

Irani transformed Tata Steel totally to make it the world's lowest-cost steel producer by 2001, completely revamped technology and used his phrase "Customer Har Haal Me" to augment user delight

Indian business: From safari suits to pin striped jackets after 1991

If India is now considered having the potential to be a leading economy, the 1991 reforms made it possible.

From Sensex to exports, how much have we scaled our economy in 30 years

Major economic reforms in the early 1990s changed the face of the Indian economy

Best of BS Opinion: Bad loan resolution, Covid-19 vaccines, and more

Here are the best of Business Standard's opinion pieces for Monday

Did central planning end in July 1991?

Government picking winners is alive and well

Made in Bharat

Mocking new health minister Mansukh Mandaviya's English underlines the political elitism Modi's India has rejected.

30 years of economic reforms: Here's a look at the broad contours of change

The pace of changes in the first 100 days of a minority govt remains unparalleled till today

Best of BS Opinion: RIL's mega green push, India's securities mkt & more

Here are the best of Business Standard's opinion pieces for Friday

Securities market: On the cusp of change

Para 68 of the Budget announcement of 2021, exactly 30 years after 1991, could be the beginning of the next round of financial sector reforms