India's reforms of the 1990s

Transcript

Now let's talk about some of India's key economic reforms, many of which started in the early 1990s. For the most part, these reforms liberalized markets and helped India grow. One part of these reforms included a significant cut in tariffs. So for instance, at the time of 1991 to 1992, the average tariff rate was over 72%. That's quite high. By th... Read More