India Economic Reforms Impact Study (2007)

Economic Reforms,

Banking Sector,

Insurance Sector,

Rural Development Reforms,

Infrastructure,

Housing Reforms,

Capital Market Reforms,

Ever since the economic reforms of 1991, there have been debates in the policy circles regarding the efficacy of the reforms. The obvious questions that have been raised are, whether there has been any success if at all of these reforms. The 1991 reforms of India, is for all to know, was a clear departure from the policy regime followed in the past, with increasing participation from the private sector. This study deals with analyzing the changes and reforms initiated by the Government and the success met by these. This has been analyzed comparing the infrastructural and socio-economic development of the country, both pre and post reforms. Others indicators used are GDP and per capita GDP growth rates. The study also extends to analyzing the various policy initiatives in capital markets, housing & insurance sector, banking sector, financial sector, rural finance and pension sector since 1991.