Describes the efforts of the Indian Prime Minister PV Narasimha Rao to deregulate and open the Indian economy in the early 1990s. Focuses on the difficulties he encountered, is reflected in the poor performance of the ruling Congress party in the parliamentary elections in December 1994, and raises the question: Why is it so difficult economic change in India? What are the obstacles to reform Rao? What is the probability that he will have success? Provides a brief history of economic, political and social dev … India Read more »

Describes the efforts of the Indian prime minister PV Narasimha Rao to deregulate and open the Indian economy in the early 1990s. Focuses on the difficulties he encountered, is reflected in the poor performance of the ruling Congress party in the parliamentary elections in December 1994, and raises the question: Why is it so difficult economic change in India? What are the obstacles to reform Rao? What is the probability that he will have success? Contains achieved since independence in 1947, a brief history of economic, political and social development of India.
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from
George C. Lodge,
Anu Bhasin
Source: Harvard Business School
22 pages.
Publication Date: Feb 22, 1995. Prod #: 795 119 PDF-ENG
India in the 1990s HBR case solution

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