The series of articles over the past week by eminent economists and politicians has been highly informative (“25 years of reforms”, July 24-29). The articles help us understand the background, rationale and measures taken since 1991 to chart out a new course in India’s economy.
An interesting point is that along with market-oriented reforms, the importance of social welfare schemes also increased after 1991. The current challenge is to maintain the 7-8 per cent growth rate. At the same time, there is a need for efficient management of social security schemes in order to transfer the benefits of growth to the marginalised sections.
Sudheesh K.T.,Kasaragod
