Indian economy: From liberalization of 1991 to Pandemic of 2021

In this two part series blog on Indian economy, the first part is devoted to the economic journey from 1991 to 2021.

Indian economy has come a long way since the days of liberalization in 1991. India had barely foreign reserves to cover two weeks of imports, Inflation was at a peak of 16.7 % in August 1991 and fiscal deficit was more than 8%. During that…