By Jairam Ramesh
1991 used to be India’s ‘Greece moment’. It confronted an unheard of monetary difficulty opposed to the backdrop of political uncertainty and crumbling investor self assurance. On 21 June 1991, P.V. Narasimha Rao turned top minister and appointed Dr Manmohan Singh as finance minister. In below thirty-five days, the Rao-Singh duo ushered in momentous adjustments in monetary policy—those that reworked the country.
To the threshold and again is the 1st account of the weeks of fast paced switch, narrated through an insider—a key aide of the leading minister, uniquely situated either to take part and notice. It includes brisk bills of the early days of survival; the compulsions and convictions that propelled a paradigm shift in India's fiscal coverage; and the ups and downs, twists and turns within the saga of monetary reform.
Along with the author’s astute insights, the e-book holds key files and notes, positioned for the 1st time within the public area; the private papers of Narasimha Rao; inner most conversations with Manmohan Singh; Parliament complaints; and the mins of seminal Congress conferences. Coming because it does at the eve of the silver jubilee of India’s financial liberalization, To the edge and again will charm not just to political background fans but additionally to people who desire to know the way nations could be led from the edge to a considerably new fiscal destiny.
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Additional resources for To the Brink and Back: India's 1991 Story
Stay out of this, you slut! If I don’t go through with this wedding, call me lower than the outcaste village servant. ) karataka-sastri: How soft spoken! venk’amma: Brother, if this match is made I will throw myself in a well or a pit. We are bearing the pain of the older girl like live coals on our chest. This man is no child, but he has no sense of pain or suffering or he would not have fixed this god-damned match. If you want to see me alive, find a way to get out of it. karataka-sastri: This is really a tough problem.
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Girisam: He is fine, sir, he is my uncle, my mother’s brother. 22 Girls for Sale agni-hotra avadhanlu: You don’t say! girisam: My uncle speaks highly of you whenever we talk of this part of the country. agni-hotra avadhanlu: He and I are good friends. See, this anger of mine is a weakness. I said all those words not knowing who you are. Please don’t mind them. girisam: Sir, elders like you can yell at kids like us; that’s only fair. karataka-sastri: (To himself:) At last my firebrand brother-in-law has met his match.
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