Startup And Fundraising 8 November 2026
India's Economic Thought Shifts from 1870 to 1991 Reforms
The interview with economist Niranjan Rajadhyaksha traces India's economic thinking from the late 19th century through the 1980s pro‑business reforms and the pivotal 1991 liberalisation, highlighting how policy focus shifted from protectionism to market‑driven growth and the lasting impact on Indian enterprises.
India’s economic ideas have evolved dramatically since the 1870s. In the 1980s, reforms mainly eased restrictions for domestic businesses, setting the stage for a broader shift.
- 1991 liberalisation opened markets, reduced state control, and attracted foreign investment.
- The move marked a transition from protectionist policies to a market‑driven growth model, reshaping Indian industry.
Read the full interview (https://frontline.thehindu.com/interviews/indian-economic-thought-history-niranjan-rajadhyaksha-interview/article71678057.ece) for deeper insights.
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