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  2. Economic liberalisation in India - Wikipedia

    en.wikipedia.org/wiki/Economic_liberalisation_in...

    The reforms drew heavy scrutiny from opposition leaders. The New Industrial Policy and 1991 Budget was decried by opposition leaders as "command budget from the IMF" and worried that withdrawal of subsidies for fertilizers and hikes in oil prices would harm lower and middle-class citizens. [27]

  3. 1991 Indian economic crisis - Wikipedia

    en.wikipedia.org/wiki/1991_Indian_economic_crisis

    As reported by the New York Times, "Mr. Rao, who was sworn in as Prime Minister last week, has already sent a signal to the nation—as well as the I.M.F.—that India faced no "soft options" and must open the door to foreign investment, reduce the bureaucratic red tape that stifles initiative, and streamline industrial policy." [34]

  4. 1991 in India - Wikipedia

    en.wikipedia.org/wiki/1991_in_India

    Events in the year 1991 in the Republic of India. The year 1991 was a watershed moment in the history of Economy of India . It was the year in which India formally announced its shift towards Liberalization , Privatization and Globalization from hitherto existed Mixed economy that was predominantly a Planned economy .

  5. Industrial policy - Wikipedia

    en.wikipedia.org/wiki/Industrial_policy

    A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of industrial policy. [6] Industrial policies are interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade ...

  6. Disinvestment in India - Wikipedia

    en.wikipedia.org/wiki/Disinvestment_in_India

    Another key prospect of the 1991 policy was to end "red-tapism" which was known as Industrial licensing, wherein the requirement to get a license to start a private sector industry was abolished. Thereby, cutting down unnecessary delays in establishing an industrial unit by any private entity.

  7. For the first time in 50 years, Democrats and ... - AOL

    www.aol.com/finance/first-time-50-years...

    Meeting the demands of industrial policy’s resurgence will necessitate reimagining how these institutions collaborate to create intentional, sector-specific training opportunities for workers.

  8. Board for Industrial and Financial Reconstruction - Wikipedia

    en.wikipedia.org/wiki/Board_for_Industrial_and...

    A new industrial policy was tabled in Parliament on 24 July 1991 aiming to maintain growth in productivity and gainful employment and to encourage the growth of entrepreneurship and upgrades to technology. [3] That year the SICA was amended to include public sector enterprises in the board's purview. [4]

  9. P. V. Narasimha Rao - Wikipedia

    en.wikipedia.org/wiki/P._V._Narasimha_Rao

    The book, which follows a man's rise through the ranks of Indian politics, resembled events from Rao's own life. The Mauritius Prime Minister, Mr. Anerood Jugannath greeting the Union Finance Minister Manmohan Singh at the dinner hosted in the former's honour, by Prime Minister Shri P. V. Narasimha New Delhi on 24 July 1991