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Filed under: Lifestyle
1991 was one the most pivotal years in the relatively nascent Republic of India. With its much derided 'License Raj' on its last legs, the Indian economy faced an amalgamation of intertwined problems most importantly a low growth rate and a profound inability to sustain expenditures. With its hands tied, Dr. Manmohan Singh, then Finance Minister of India ushered a series of liberalization schemes that altered the very social and economic fabric of the country. With the shackles of governmental ...