Tiger or tortoise?
Article Abstract:
The economic reform program begun by India's Narasimha Rao in 1991 is likely to continue after India's Apr 1996, even if Rao's Congress Party does poorly at the polls. Rao's market-oriented policies have ushered in a growth period in India, and the reforms are popular among influential voters.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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Freeing India's economy: the elephant awakes
Article Abstract:
India is very confident about its economic future following the radical economic reforms enacted by finance minister Manmohan Singh, with the backing of prime minister P.V. Narasimha Rao. Further needed changes will be more difficult, as they will challenge privileged special interest groups.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Look out, Asia: India
Article Abstract:
Since Narasimha Rao became prime minister India's budget deficit has shrunk from 8.3% to 4.7% of GDP, inflation has gone from 17% to 6.1% and the GDP has grown 4.2% in 1992-93. India's economic health has helped Rao overcome the problems caused by its religious strife.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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