Congress Hails Manmohan Singh on 33rd Anniversary of 1991 Reforms for ‘Rescuing Economy from Bankruptcy
24 Jul 2024
Amidst a looming international debt crisis exacerbated by a volatile political climate and tensions in the Gulf region, India faced a precarious situation in 1991, with foreign exchange reserves only sufficient to cover imports for just two weeks. In response, the country embarked on significant economic reforms, known as the...
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