From Sensex to exports, how much have we scaled our economy in 30 years

Major economic reforms in the early 1990s changed the face of the Indian economy

Topics
Economic reforms 1991 | Economic reforms | stock market

Business Standard  |  New Delhi 

The Indian economy has come a long way from the day that happened to be the one that set it on acceleration. The day was July 24, 1991.

The changes in industria­lisation and trade policies that began in the early 1990s brought a sort of a scaling factor to parts of the economy, as the government became more conscious about being a facilitator to the private sector over time. GDP: 5.4x The real size of India’s economy is more than five times it was back in 1991. India became a services sector-based economy in this period On BSE, only ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, July 22 2021. 23:37 IST
RECOMMENDED FOR YOU
.