Thursday, April 26, 2012

Reforms of 1991-96 were authored by me!

The reforms of 1991-1996 were authored by a political team of myself who prepared the blueprint in 1990-91, and which was pushed through and thus implemented by the political sagacity of the then Prime Minister Narasimha Rao. Mr. Manmohan Singh as Finance Minister and Montek Singh Ahluwalia as Finance Secretary then were sincere team players at the administrative level. But they were political zeroes. Hence since the UPA today lacks a daring political team like that of Rao and myself, no reforms are possible.

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