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Dr. Manmohan Singh’s 1991-92 Budget speech marked the beginning of the end of the ‘Licence Raj’ in India.
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Force soldiers stitch personal protective equipment suits for health workers in New Delhi. AP The virus reveals how dependence on private sector-led economic growth has proved to be disastrous <span>Dr. Manmohan Singh’s 1991-92 Budget speech marked the beginning of the end of the ‘Licence Raj’ in India. The Budget also announced the reduction of import duties and paved the way for foreign-manufactured goods to flow into India. Following this, most of the manufacturing sector was opened


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