1991Reforms Pushed Growth, 2014 Reforms In Bureaucracy Failed To Deliver: Lesson From Japan Is Pertinent – Analysis

1991 reforms triggered growth. Economy leapfrogged  7-8 percent for two decades, the second highest growth in GDP, next to China. India became the sixth largest economy in the world. It emerged the net major exporter of oil refinery products, notwithstanding being the third largest importer of crude oil. It is the fifth largest...