India initiated a series of economic reforms in July 1991, that were unprecedented in their scope and magnitude. Decades of tight controls over industry, trade and finance made way almost overnight for a liberal, market-friendly economic environment. The guiding philosophy of the reform process was to seek out the appropriate balance between the market and the state, in the pursuit of development. A sector-specific theoretical approach to reforms is followed in ...
The Indian Railways Report–2001: Policy Imperatives for Reinvention and Growth (In 3 Volumes)