To the Brink and Back: India’s 1991 Story (28 page)

Index

Abdullah, Farooq,
131

Abid Hussain Committee,
65

Advani, L.K.,
33
,
133
,
145

Agenda for Economic Reform, controversy of,
52
–
59

Ahluwalia, Montek Singh,
2
–
3
,
63
,
65

Aiyar, Mani Shankar,
8
,
24
,
28
,
108
–
109
,
142
–
143

Akbar, M.J.,
8

Alexander, P.C.,
9
,
21
–
22

Alva, Margaret,
6

Arora, Gopi,
31
–
33

Arunachalam, V.S.,
118

Associated Chambers of Commerce and Industry (ASSOCHAM),
128

Azad, Ghulam Nabi,
56
,
107

Babri Masjid demolition,
143

Baru, Sanjaya,
17

Basu, Jyoti,
60
–
62
,
145

Bhagat, H.K.L.,
4

Bhagwati, Jagdish,
18
,
107

Bhalla, G.S.,
58

Bharatiya Janata Party (BJP),
47
–
48
,
73
,
74
,
124
,
133
,
139
,
140

Bhosale, Prataprao,
109

Birla, S.K.,
103

budget speech,
24
July 1991,
105
–
106

criticism of,
106
–
112

Cabinet Committee on Political Affairs (CCPA),
111

Cabinet Committee on Trade and Investment (CCTI),
66

Camdessus, Michel,
36

cash compensatory system, abolition of,
63
–
66

Centre for Development Studies,
76

Chakravartty, Nikhil,
36
,
106
,
142

Chandra, Naresh,
8
–
10
,
20
,
150

Chandraswami,
131
,
142

Chatterjee, Nirmal Kanti,
124
–
125

Chatterjee, Somnath,
33
,
57

Chaudhuri, Mrinal Datta,
103

Chawla, Prabhu,
40

Chelliah, Dr Raja,
126

Chelliah Committee,
126

Chetty, Shanmukham,
25

Chidambaram, P.,
28
,
63
–
66
,
91
,
146

Chief Controller of Imports and Exports (CCI&E),
64
–
65

Chowdhury, Renuka,
54

Committee on Tax Reforms,
126

Communist Party of India (CPI),
41

Communist Party of India (Marxist) (CPM),
122

Confederation of Engineering Industry (CEI),
128

Confederation of Indian Industry (CII),
128

Congress (I),
14
,
29

Congress’ 1991 Lok Sabha election manifesto,
28
–
30
,
65
,
97
–
98
,
136
,
139

Congress Parliamentary Party (CPP) meetings,
7
–
8
,
73
,
83
,
108
–
109
,
111

Congress’ plenary session in Bangalore, 2001,
132

Congress Working Committee (CWC),
4
,
14
–
15
,
25
,
30
,
96
–
97
,
126

Damodaran, Ramu,
9

Dandavate, Madhu,
33

Dasgupta, Dr Asim,
62

Dasgupta, Gurudas,
41
–
42

Datta, Bhabatosh,
58

debt obligations of India, 1991,
49
–
50

debt rescheduling, issue of,
49
–
51

Deora, Murli,
109

Desai, Ashok,
105

Desai, Padma,
18

Deshmukh, C.D.,
25

devaluation episode under Indira Gandhi,
35
–
43

Dhar, P.N. (PND),
52
–
53
,
56
,
58

Dhawan, R.K.,
109

Directorate General of Foreign Trade (DGFT),
65

Drabu, Haseeb,
131

Dubey, Muchkund,
105

Dubey, Suman,
4

Dunkel Draft,
131

Economic Administration Reforms Commission,
2

economic development of Jammu and Kashmir,
131

Eighth Five-year Plan,
129

Enron power project,
133

exchange rate adjustment,
68
–
69

exim (for export-import) scrips,
65

Faleiro, Eduardo,
119
,
121

Farmers’ Parliamentary Forum,
109

Federation of Indian Chambers of Commerce and Industry (FICCI),
103
,
128

Fernandes, George,
33
,
132

fertilizer pricing system,
107
,
110
–
112

subsidy issue,
110

fiscal deficit and balance of payments deficit,
18

foreign exchange reserves, decrease of,
11
–
12

Foreign Investment Promotion Board (FIPB),
123

Fotedar, M.L.,
91
,
96

Gandhi, Indira,
2
,
4
,
22
,
26
,
78
,
107
,
127
,
137
,
145
–
146

Gandhi, Rajiv,
2
–
13
,
16
,
23
–
26
,
48
,
94
,
137
,
140
,
143

death of,
4

industrial policy reforms,
2

Gandhi, Sonia,
4
,
110
,
132

Ganguly, Ashok,
118

Ghosh, Arun,
58

Ghosh, Dipen,
53
–
56
,
58

Goenka, R.P.,
131

gold sales,
44
–
48

Gorbachev, Mikhail,
118
–
119
,
122

Goyal, S.K.,
145

Gulati, I.S.,
58

Gupta, Indrajit,
33

Gupta, Shekhar,
121

Habibullah, Wajahat,
131

Haksar, P.N.,
145

Harshad Mehta scam,
143

Hazira-Bijaipur-Jagdishpur pipeline,
111

Husain, Dr Zakir,
6

IBM,
123

India: Planning for Industrialization
,
18
–
19

Indian Economic and Social History Review
,
18

Indo–USSR bilateral relationship,
118

Indo-Soviet Treaty of Peace, Friendship and Cooperation,
120

reactions to the coup attempt against Gorbachev,
119
–
122

industrial policy reforms,
77
–
103
,
124
,
130

anti-monopoly legislation,
77
–
78

criticism,
124
–
127

exit policy,
82

foreign investments,
80

Group of Ministers (GoM) meetings,
90
–
92

industrial licensing,
80

‘Industrial Licensing to Go’
(Hindustan Times)
,
83
–
87

Monopolies and Restrictive Trade Practices (MRTP) Act,
78
–
79

news report (
Hindu
),
99
–
102

parliament debate,
90

policy objectives,
92
–
96

prime minister’s speech in parliament,
88
–
90

public sector industries,
81
–
82

small scale industry,
83

Industrial Policy Resolution (1948, 1956, 1977, 1980),
93
,
95

inflation,
12
,
29
–
30

International Monetary Fund (IMF)
7
,
12
,
31
–
34
,
36
,
53
,
146

Dr K.N. Raj’s interview,
75
–
76

loan,
9
,
12
,
17
, 26–27,
41
–
42
,
48
,
50
,
58
,
61
,
105
–
107
,
114
,
127

4 July trade policy reforms package,
64
–
66

Jakhar, Balram,
91
,
109

Jalan, Bimal,
106

Janata Dal (S),
7
,
14

Jha, L.K.,
2

Jogi, Ajit,
41

Joshi, Kailash,
123

Joshi, Vijay,
16

Kaldor, Nicholas,
104

Kamat, Gurudas,
30

Katyal, K.K.,
39
–
40

Kaur, Gursharan,
25

Kesri, Sitaram,
141

Khandekar, R.K.,
20

Khurshid, Salman,
6

Kothari, Rajni,
58

Krishnamachari, T.T.,
104

Krishnamurthy, V.,
5
,
114

Kulkarni, A.G.,
54

Kumaramangalam, Mohan,
78

Kumaramangalam, Rangarajan,
77
,
98
–
99
,
102
,
107

Kurien, P.J.,
98
–
99

Kutty, Madhavan,
142

Limited Partnership Act,
103

Little, I.M.D.,
16

Mahindra, Anand,
103

Malhotra, R.N.,
53
–
54
,
56

Mandal Commission recommendations,
11

Manley, Michael,
34

Mathai, John,
25

Mathur, Jagdish Prasad,
56

Mathur, Suresh,
10
,
77
–
78

Mirdha, Nathuram,
109

Mishra, R.K.,
53

Mishra, S.K.,
20

Misra, Pinaki,
131

Mitra, Ashok,
58
,
132

Modi, Narendra,
138

Mohan, Chinta,
109

Mohan, Rakesh,
77
–
78
,
103
,
123
,
130

Monopolies and Restrictive Trade Practices (MRTP),
77
–
79
,
84
–
86
,
96
,
99
,
102

Mukherjee, Pranab (Pranabda),
5
–
6
,
13
–
15
,
26
–
28
,
30
,
35
,
129
,
131

Naik, Ram,
57
–
58
,
125
–
126

Narasimham, M.,
2
,
52
–
54
,
56
,
114

Narasimham Committee on the Financial System,
113

Narayanan, M.K.,
20

Narayanasamy, V.,
107

National Policy on Education, 1986,
137

National Renewal Fund,
100
,
115
,
117

Nayyar, Dr Deepak,
24
,
104

Observer Research Foundation (ORF),
53

Panja, Ajit,
125

Pant, Govind Ballabh,
51

Patel, Dr I.G.,
21
,
24
,
45
,
51
–
52
,
54
,
56
,
107
,
114
,
145
–
146

petrol and LPG prices,
106
–
107
,
110

Pilot, Rajesh,
91
,
109
,
131

Pitroda, Sam,
3
,
23
–
24
,
116
,
118

Planning Commission,
2
–
3
,
7
,
9
,
22
,
27
,
58
,
114
,
126
,
128
–
131

Pradhan, R.D.,
3
,
5
,
23
,
32

Prasad, Alok,
88

Prasada, Jitendra,
29
,
140

public distribution system (PDS),
116

Radhakrishnan, S.,
52

Raj, Dr K.N.,
75
–
76

Rajiv Gandhi Foundation,
48
,
110

Ram, Takht,
66

Rangarajan, Dr C.,
37

Rao, C.H. Hanumantha,
58

Rao, N.T. Rama,
6

Rao, P.V. Narasimha,
1
,
3
,
9
–
12
,
20
–
24
,
27
–
28
,
31
,
35
–
37
,
40
,
96
–
97
,
108
,
111
–
112
,
116
,
119
,
121
,
124
,
127
–
133
,
135
–
144
,
147
–
148

9 July speech,
67
–
71

as Congress president,
1
,
4
–
8