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Business
1991 Reforms Show India's Confidence to Compete, Says Rakesh Mohan
✍️ Business Standard
🗓 17 Aug 2026, 06:28 AM
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Business Standard columnist Rakesh Mohan highlights that the economic reforms of 1991 signaled India's confidence to compete globally.
Rakesh Mohan, a columnist for Business Standard, recently reflected on the impact of the 1991 economic reforms.
He noted that these reforms marked a decisive shift in India's economic trajectory, opening up markets and encouraging foreign investment.
The changes were seen as a bold statement of confidence, signaling that India was ready to compete on the global stage.
Today, the legacy of those reforms continues to shape the country's growth strategy and its position in international trade.
He noted that these reforms marked a decisive shift in India's economic trajectory, opening up markets and encouraging foreign investment.
The changes were seen as a bold statement of confidence, signaling that India was ready to compete on the global stage.
Today, the legacy of those reforms continues to shape the country's growth strategy and its position in international trade.