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Economic Survey 2022: How the disinvestment policy has evolved over the years

The idea of disinvestment, an annual exercise where the government sets a disinvestment target for select PSUs, was first introduced in the 1991 interim Budget by the then Finance Minister Manmohan Singh as the country was moving towards a more liberal, global and private sphere. ....

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Remembering former Indian Prime Minister PV Narasimha Rao: 'Father of Indian Economic Reforms'

Narasimha Rao, along with his Finance Minister Manmohan Singh, is responsible for leading India through a turbulent period and pulling the country out of economic darkness. ....

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India pivots to regain economic glory

By 2024, India is expected to surpass the UK as the fifth economic power with the country forecasted to record robust growth in 2021-22 due to the low b. ....

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1991 reforms: The year that transformed India

BBC News
1991 reforms: The year that transformed India
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The year 1991 will always be remembered as a landmark year in India’s history.
On this day 30 years ago, then Prime Minister PV Narasimha Rao and Finance Minister Manmohan Singh threw open the doors to the country s economy, reversing decades of socialism.
And suddenly everything changed, from how you did business to how long it took to get a phone connection.
India was no longer a notoriously difficult place to do business - investment poured in from abroad and new jobs emerged.
The BBC s Nikhil Inamdar looks back at that pivotal moment. ....

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