From minority to majority: India
Article Abstract:
Rao finally won a victory in a motion to implement his economic policies. Bharatiya Janata Party members opposed him but still supported deregulation and greater flexibility for private industry. This development is critical to future relations with the World Bank and the International Monetary Fund.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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The next frontier: Indian finance
Article Abstract:
Banking law reforms being carried out by the Narasimha Rao administration could greatly increase the profitability of India's financial institutions. Foreign banks exempt from India's draconian banking laws have long been able to capitalize on India's very high savings rate.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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