
Thirty-five years after India's 1991 economic reforms, the country reflects on substantial yet incomplete progress. While metrics like vehicle ownership and foreign exchange reserves have surged, a significant portion of the labor force remains in agriculture, and manufacturing's share is low. The article posits that an ideology of scarcity, rather than economic or political complexity, hindered India's growth compared to China. It calls for revised thinking on entrepreneurship to drive non-farm job creation and achieve greater economic prosperity.
Select a news story to see related coverage from other media outlets.