News > The 1991 Budget, in hindsight

The 1991 Budget, in hindsight

Hindustan Times | 21/07/2021 01:17 PM | Click to read full article

On July 24, 1991, Manmohan Singh presented the first Budget of the PV Narsimha Rao government, a Budget that would change the face of the Indian economy.

Thirty years after Manmohan Singh’s first Budget, as the Indian economy is trying to come out of its largest ever contraction, a look back at how the nature of economic challenges has changed over the last three decades.