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Impact of the 1991 Economic Reforms on India’s Growth and Development: A Transformative Journey

Introduction The economic reforms of 1991 marked a turning point in India’s economic history. Prior to 1991, the Indian economy was characterized by a mixed economic model with a heavy reliance on state control, licensing systems, and protectionist policies. However, due to a severe balance of payments crisis, the government was compelled to introduce a…

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pcs magazine

Objectives of National Manufacturing Policy and a Critical Examination of ‘Make in India’ and ‘Start-up India’

Introduction India, a fast-growing economy, has set ambitious goals for transforming its industrial sector, which plays a crucial role in driving economic growth, employment, and development. To achieve these goals, India has introduced various initiatives and policies that aim to boost the manufacturing sector, promote entrepreneurship, and create a conducive environment for innovation. Two key…

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