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30 Years Of Reforms
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How to get the next set of reforms right
Second-generation reforms require careful deliberation, effective implementation, and accommodative politics

Don’t turn the clock back on investment norms
As an integral element of these structural economic reforms, India adopted measures aimed at liberalising foreign investment, both direct and institutional, to overcome the problem of over-dependence on debt three decades ago

Trade dilemma in a populist world
India’s foreign exchange reserves were valued at $598 billion in May 2021, more than 15 times the value of India’s imports that month.

Return of India’s poverty challenge
The first two decades of economic reforms delivered gains in terms of poverty reduction front.

3 decades of reforms: Cup is only half-full
As India completes three decades of economic reforms, the question is not whether economic reforms were good for the economy. It is whether the best of the reform years are already behind us and what this means for India’s per capita incomes, which are still very low.
