Montek Singh Ahluwalia: ‘1991 reforms aimed at more than just the BOP crisis’
India’s Reforms Story
English - April 13, 2021 16:59 - 34 minutes - 31.7 MBGovernment indian leaders reforms economic reforms demonitisation regulating act indian reforms trendy podcasts reforms podcasts leadership podcasts russia ukraine war impact indian regulating act Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
India ran into an unsustainable deficit in the balance of payments in the year 1991. To start the series, Pooja Mehra asked Mr Montek Singh Ahluwalia, an Indian economist and civil servant who served as the Deputy Chairman of the Planning Commission of India, to recount how the BOP 1991 crisis built up, how it was brought under control and how political space cracked open reversing the interventionist economic policies that India had followed for the first 4 decades post-independence.