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Article‘Fruits of reforms are often reaped by later gov­ern­ments’

The reforms rolled out in the 13-year period between 1991 and 2004 laid the found­a­tion for the strong eco­nomic growth India later exper­i­enced until 2014, sig­ni­fy­ing the lag with which many reforms often deliver res­ults, says Shankar Acharya,...