India and Twenty Years of Reforms-Where we lagged?
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Transcript of India and Twenty Years of Reforms-Where we lagged?
20 years
The INDIA Story
Crisis of 1991
First Impression
s?
India’s GDP Growing
1.3%
9.6%
9.0%
6.7%7.0%
8.6%
• GDP Growth Rate %
Where do we stand?
Where we lagged?
•Structural Transformation
•Growing Inter-State Inequality
•Rural Urban Inequality
•Increase in Corruption
•Lack of Social Infrastructure
Bubble in Service Sector
Will India be able to sustain growth in Service Sector?
Structural Transformation : Where is the problem?
Growing Inter-State Inequality
Growing Inter-State Inequality
Rise in Corruption• Higher bureaucratic
power• Corruption increased
with reforms• Hasn’t been able to stop
corruption• Bofors Scandal in 80’s
worth 64 Crores• 2G scam in 2011 worth
1.76 lakh crores• 2600 times higher than
Bofors Scandal
Lack of Social Infrastructure
What newer reforms you would like to see?