This narrative highlights two key areas pertaining to liberalization. Mr. Sanjay Gandhi recounts the difficulty in obtaining kerosene, due to stringent quotas and limits on distribution. The ‘kerosene license’ referenced to in the story, is a documen...
Draconian controls on the cement industry were first clamped during the Second World War, across distribution channels, purchase prices and quotas for open market sales. It was amusing, even tragic, to see the amount of tinkering that the government...
I met [Narasimha] Rao on 20 June 1991 immediately after his election as CPP leader and showed him my draft proposals. He spent quite some time with me dissecting them and specified to me the addition and deletions he wished to make. The next step was...
