Subject category:
Economics, Politics and Business Environment
Published by:
Harvard Business Publishing
Version: 17 February 1998
Length: 22 pages
Data source: Published sources
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https://casecent.re/p/45262
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Abstract
Describes the efforts of Indian Prime Minister P.V. Narasimha Rao to deregulate and open up the Indian economy in the early 1990s. Focuses on the difficulties he encountered, reflected in the poor showing of the ruling Congress Party in state elections in December 1994, and raises the questions: Why is economic change so difficult in India? What are the obstacles to Rao''s reforms? What is the likelihood that he will succeed? Contains a brief history of India''s economic, political, and social development since it achieved independence in 1947.
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Abstract
Describes the efforts of Indian Prime Minister P.V. Narasimha Rao to deregulate and open up the Indian economy in the early 1990s. Focuses on the difficulties he encountered, reflected in the poor showing of the ruling Congress Party in state elections in December 1994, and raises the questions: Why is economic change so difficult in India? What are the obstacles to Rao''s reforms? What is the likelihood that he will succeed? Contains a brief history of India''s economic, political, and social development since it achieved independence in 1947.