I will always rate 1991 economic liberaion policy made be Late Pm P V narsimha Rao and Preaent Pm Dr Mamohan Singh(then FM)against the wishes of so many present UPA leader like p chidambaran(who happened to revolt against Narsimha rao)
RE:India turn 60
by Prof R K Gupta-India on Aug 15, 2007 10:26 PM Permalink
ha ha ha.Chidambram.That harvard boy? he thinks he knows ultimate.Direct decendent of hankaya.he know s only one thing tax and tax. I am afraid he may not start toilet tax for using toiltes as it is also a service.For your kind information when reforms were on drwaing board neith rao nor Narshimha rao were anywhere.It is direct fall oyut opf Uruguy rounbd and washington consensus signed by india to get out of fianncial mess and bankruptcy.The fools had run the country till then.Dont give credit to wrong guys.in would have done same as all action plan were prepared by a,merican experts in 12 point agenda.Not for india only but for several other banana republics.Can you tell me why india was braught to sucj state by tehse idiots at all when they are so great.Every one wa sthere before 1988 too.media is doing well feeding junk in mind of indian public and wrong facts at directions of their polticial masters for advertisement and allotment of plots.
RE:India turn 60
by Libran on Aug 15, 2007 07:36 PM Permalink
Remember liberalisation was not a choice. It was only previous congress regimes has suppressed this imminent global trend of this age. Even China and Russia had to embrace it. It was a no-brainer decision. It was only because of strong influence of Nehruvian socialistic thinking that it got delayed. No doubt - if Rajiv had become PM again, he would have outwardly he would have shown to implement some aspects of liberalization but not completely - as his strong-headed advisros would not have allowed him to go for full-blooded initiative
