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India can navigate a highly. . .

India can navigate a highly uncertain world while maintaining its growth momentum… N.K. Singh, chairman of the 15th Finance Commission

India can navigate a highly uncertain world while maintaining its growth momentum… N.K. Singh, chairman of the 15th Finance Commission

11 Aug 2026

N.K. Singh was the official interlocutor between India and the International Monetary Fund-World Bank combine during the 1991 balance-of-payments (BOP) crisis. In an interview with Asit Ranjan Mishra, the chairman of the 15th Finance Commission, he recalls the circumstances under which India liberalized its economy. He discusses how India can negotiate a highly uncertain world now while retaining its growth momentum. 
https://www.business-standard.com/specials/news/we-ducked-more-basic-reforms-because-of-success-of-1991-talks-n-k-singh-126081001901_1.html

 

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