20 years of Economic Reforms - Your views

Satvir Singh (Newly minted CA) (1733 Points)

24 July 2011  

I hope many of you have gone through today's ET or other newspapers/websites mentioning 20 years of India's economic reforms. Dr. Manmohan Singh, as Finance Minister presented Budget on July 24, 1991, that brought in dramatic changes in Indian economy, followed by other reforms in coming years. That budget speech ended with these famous words "No power on earth can stop an idea whose time has come. I suggest to this august House that the emergence of India as a major economic power in the world happens to be one such idea."  It has been exact 20 years since then. Surely, it a special day for India. 

 

In last 20 years, India has come a long way from being called as "The White Elephant" to one of fasting growing countries of World. What do you think of India's journey during last 20 years? Please share your views.