Monday, Aug 15, 2022
Outlook.com
Unfinished Business

Turn The Taps On

India has sparked off socio-economic progress, but a large base of inequity has still to be eroded

Turn The Taps On
Turn The Taps On
outlookindia.com
-0001-11-30T00:00:00+05:53

It’s undeniable that India has made immense progress since Manmohan Singh and his team loosened economic fetters in 1991. Those who would sneer at the fiscal and financial achievements of the 1990s need only to ask themselves a few questions: What if Dr Singh hadn’t shook things up? Where would the jobs, development and tax revenues come from to fund today’s NREGAS and NRHMS? Without booming Bengaluru and Cyberabad, where would India deploy its considerable entrepreneurial and software talent?

Conspicuous consumer imports aside, how would a ring-fenced Indian economy develop without goods and best practices from abroad?

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