INDIAN ECONOMIC

DEVELOPMENT
ECONOMIC REFORMS SINCE 1991
 INTRODUCTION
• 1991 : What is famous about this year?
• This is a year when India hit a severe economic
crisis.
• After 40 years of planned development India
able to achieve a strong industrial base and
became self-sufficient in the production of food
grains.
• This unit is an appraisal of the reform process
and its implications for India.
 TOPICS
• INTRODUCTION
• CRISIS AHEAD