Three ‘Shock’ Lessons From 1991 To Kickstart India’s Economy In 2020
PV Narasimha Rao and Manmohan Singh in New Delhi. (Photograph: PIB)

Three ‘Shock’ Lessons From 1991 To Kickstart India’s Economy In 2020

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In 1991, Saddam Hussain’s Kuwait invasion had created a debilitating oil crisis for India. Today, Covid-19 has inflicted an unprecedented demand contraction. While the two crises differ vastly in c...