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1991 was a common year starting on Tuesday of the Gregorian calendar, the 1991st year of the Common Era (CE) and Anno Domini (AD) designations, the 991st year of the 2nd millennium, the 91st year of the 20th century, and the 2nd year of the 1990s decade.
Historical events from year 1991. Learn about 896 famous, scandalous and important events that happened in 1991 or search by date or keyword.
The year 1991 was a watershed moment in the history of Economy of India. It was the year in which India formally announced it's shift towards Liberalization, Privatization and Globalization from hitherto existed Mixed economy that was predominantly a Planned economy .
The 1991 Indian economic crisis was an economic crisis in India resulting from a balance of payments deficit due to excess reliance on imports and other external factors.
Towards the end of 1980s, India was facing a Balance of Payments (BoP) crisis, due to unsustainable borrowing and high expenditure. The Current Account Deficit (3.5 percent) in 1990-91 massively weakened the ability to finance deficit.
What happened and who was famous in 1991? Browse important and historic events, world leaders, famous birthdays and notable deaths from the year 1991.
1991 Prices including Wages, Houses, Food and Gas, Events include Operation Desert Storm UN Coalition force Iraq out of Kuwait, Apartheid dismantled South Africa, Jeffrey Dahmer Arrested and Charged, Lech Walesa elected Polish President...
Jul 23, 2021 · The year 1991 will always be remembered as a landmark year in India’s history. On this day 30 years ago, then Prime Minister PV Narasimha Rao and Finance Minister Manmohan Singh threw open the...
Jul 5, 2016 · 25 years after the Indian economy was liberalised and opened up, here's a look at how the events of 1991 changed the country forever.
Jul 15, 1991 · The 1991 Project is an effort to revive the discourse on growth-centered economic reforms in India by focusing on the economic ideas that drove them. In the coming months, we will publish essays, data visualizations, oral histories, podcasts, and policy papers demystifying the Indian economy and the 1991 reforms.
