The year 1991 will always be remembered as a landmark year in India’s history. On this day 30 years ago, then Prime Minister PV Narasimha Rao and Finance Minister Manmohan Singh threw open the doors to the country's economy, reversing decades of socialism. The BBC's Nikhil Inamdar looks back at that pivotal moment. https://bbc.in/2V65Aaj | BBC News India
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1991 Severe Economic Crisis in India🚨 Here are the major decisions taken by FM Manmohan Singh in 1991 Budget : • Devaluation of Rupee: The Indian rupee was devalued to make exports more competitive and attract foreign exchange. • End of License Raj: Industrial licensing was abolished for most industries, reducing bureaucratic red tape and promoting ease of doing business. • Opening up to Foreign Investment: Foreign Direct Investment (FDI) was encouraged by allowing foreign companies to invest i
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Today is the 32nd anniversary of the historic 1991 budget, which changed India's economy forever. We take a look at how several economic indicators have changed over the last 3 decades. #ManmohanSingh #IndianBudget #FinanceMinister Watch more: https://www.wionews.com/videos | WION | Facebook
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The growth of Indian economy in the last decade has accelerated manifold, positioning India as one of the world's most powerful nations. What are your thoughts on this? Is India one of the fastest-growing economies? Visit: https://bit.ly/FromHealthToWealth #TheTimesofABetterIndia | The Times Of A Better India | Facebook
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