India went through its worst economic crisis in 1991 when RBI has to mortgage its gold. The main reason is said to be government's license raj permit. For latest breaking news, other top stories log on to: http://www.abplive.in & http://www.youtube.com/abpnewsTV
Meri AK Bat Suno Jo Gold Beka gya Usaka Pesa Lagaya gya, or jb Bharat khud kamane Lga to Us Pese se Congreshiyo ki Jeb Bhar rhi thi kam Hm Logo ne Kiya pesa Congresh ki Jeb me gya Bharat ki Jeb me nhi gya , Congresh ne Hr Din Meri Chhati me Khanjar Bhonka , B J P Ko Harane ke Liye Bharat se Dushami Nibhai, Atank Bad Laya Mushalimo ko Galat Rah Dikhai, Hindu Mushalimo ko AK Dushare ka Dushaman Bna Diya , Congress Jis Rajiy me Teri Sarakar Bn jaye Us Rajiy ko Shi Soch or Shi Disha me Le Jana Tune Asa Nhi kiya to Tujh Sahit , CM ko bhi Sare Aam Goliyo se Bhunj Diya jayega, Sarakar kisi ki bhi Ho shi Galat ka Daituv mere Hath Diya gya he, Maf karana Mujhe Esliye Nhi Bataya kyo ki Achhe Logo ko Satiyug Pravesh karavana he Yad rhe
Very Late Economic liberalisation , jab congress k 40 saalon k Raaj mai India 3-4% se grow kar raha tha , tab Africa k gareeb se Gareeb desh bhi 5% se grow kar raha tha ...agar Azaadi k 20 saal baad bhi Economic Liberalisation huya hota aur Corruption na hota toh abhi India ,China k saath hota ...
Ab samjhe , ye jhatu samajvad , aur communisam jo bhi desh apnata hai uska kya haal hota hai .jab tak desh ki economy close thi tab tak bharat ki halat bilkul kharab thi , aj bhi hamare desh ke log aur neta keval udyogpatiyo ko gali dete hai aur keval kisan aur majdur varg ko bevkuf banake khush karte hai , lekin actual mei udyogpati aur factroies desh ke karodo logo ko rojgar deti hai , aur garib kisan aur majdur bhaiyo ka bhala bhi isi mei hai , na ki unko bas karz mafi aur free bijli ka lolipop chusva ke.
Modi Born for Gujrat and Die for Gujrat. And Making fool to all Indian. Specially Hindus Voters. See, Made a Statue of Unity where No respect for other state people. They beaten Bihar/Up people and Showing Fake Unity.. this is bullshit. Modi Should re-think their policies otherwise all North and East Indian are ready to Boycott BJP and Modi in next Election. No Any good progress for Bihar/Jharkhand and other north east place. We don't need a Selfish Government and Specially Gujrati Business man who burn Poor Bihari Blood and make money and through out in name of rapist. At end Go to Hell.. all you Gujratis Alpesh Rahul and Modi.
P V Narashima Rao is the father of modern economic reform of India. Unfortunately he was not born in Bengali. Telugu people never demand the due respect for Narashima Rao. He should be honoured with Bharat Ratna. thanks. Pranabesh Prasan Sahu. Bhubaneswar. odisha.
This documentary is an eye opener for all the youth who fall prey to current politics. Development and reforms should always be the true /real cause to elect a government not someone who spreads hatred. Thanks alot ABP to report this and record this to future reference.. thanks to the duo Dr. MMS and PM Narsimha Rao.. we all know what the current duo is, how it works and what they are upto..
Yes what Narasimha Rao did then Narendra Modi is unable to do now even after getting a big mandate. Narendra Modi promised development and that was his slogan to the masses but to our utter disappointment he has not ushered in structural reforms to promote development. He has only been favouring a few big Indian corporate houses and is operating a centrally controlled economy. His objective is more central government control. His government is backed by the RSS who is not in favour of opening up the economy. They want an economy which is inward looking and don't want to follow the China example. Their affilated organization the Swadeshi Jagran Manch is averse to any foreign capital participation. Currently we face a major banking crises which is stripped of liquid and desperately need infusion of capital for economic growth. Our banks are not in a capacity to finance the market because of their past record of lending huge sums to many borrowers many of whom have defaulted and are unable to repay these huge loans.
What a golden time it was, where Finance Minister was Economist, Opposition leader was given an important role and Government focusing on solutions rather than blaming former governments. Thanks Shekhar Kapur for making such a informative piece.
Sona grivi rakhana to bahana tha, sona kahin aur kisi aur ke liye bahar dena tha.kiske liye ye mujhe batane ki jarurat nahi.. ..ye government ke log kitne paise kisko kisko de chuke aapko malum bhi nahi hoga.. Ye game aaj se nahi khela ja raha hai...
I can now imagine, how this series was funded. In telling historical facts, it tries to influence political inclination and to tarnish the efforts of Manmohan Singh. PV Narshimha Rao was definitely a strong leader to economic reforms. But why are we so much concerned to show irrevelant comments against a good finance minister from biased politicians.
@19:22 this BJPian rudaali is crying against M M Singh, where as Narishmha Rao himself gave full credits to M M Singh @18:48 .
Negative people like Subraminian Swami can never do any thing good for the country.
Subramanian Swamy proved that he is available whenever country need him And narsimha rao is real hero behind this reforms. Congress never acclaimed it because they don't want to make them hero's of country in the eyes of Civilians.
Ishe dekh ke yeh pata chalta hai k congress ne hamare desh ko kitna nuksan kiya tha. 1970 se china ne reforms suru kiye the 1990 me china ne one child policy lagai. Aur congress ne indian me apni manmani chalai, bewkuf banaya and indian ko economic crisis me jhok diya..wo chahte to bahut kuch kar sakte the par unlogk ne chaha hi nahi.. thanks abp for showing this.
could manmohan singh have done it without the solid backing of pm rao. people don't realise it that manmohan singh could die it only because her was supported by pm rao, manmohan singh has always been in important economic committees, but had no politics support unto rao became pm. of course pm rao was forced by circumstances to do that but not everyone has the guts to do the needful.
Zaki Ahmad hahaha we are the fastest growing economy in the world we don't need... And we have no time to waste on surrender queen people... A failed terrorist state... Enjoy your status in Fatf.... Apne abbu Chinese se Shiqayat kro Jao... C grade converted arabi ... And Google you are cleaning toilets in Turkey n China Kya yr hmare b kr do hm double paise denge.... Hahaha keep crying meete ..
Margaret Threcher said :" you coloureds have ignored colonials ? We will reduce you to small bean that much small to mustard size ! " this is iron ladies wordings. Eversince then , Britain is number one pound and the rest are drafted out to lower levels. Even Africa was in debt and the debt was forgiven by Britain and I M F.
Today Africa sleeps with no light on streets by 6pm . There is no fuel for electricity. Factories collapse. Investment by outsiders fail and close factories and move out.
Then people sustain on dole issued by government.
Dress on Oxform clothing. .eat local animal fish and agricultural growth like bananas tomatoes onions cassava etc. Even beef and animal intestines are eaten by these Africans.
This is how much economical set back is experienced.
Britain and christian says;" we will not bow down. They will bow down to us. " so in order to improve economy the coloured nations toil and sell at 'water price ' negligence price to hard currency nations. Just for to stay in boost to keep on to economy. This much suffering and hard labour is taken from third world. That provide these hard currency nations all they wish.
This us the gain devised by white Christian nations. This is fact. This is explained to me by one white female.
World Bank and IMF forced India to embrace capitalism. Though Narasimha Rao and Manmohan Singh deserve the credit but it's the situation which compelled them for the reform. Otherwise there was no chance of India embracing capitalism in place of socialism.
shubha asthana Was poor dying before 2013? Or Has the poor stopped dying after 2013 bills?
In which era u r living ?1960s?
Poor people want jobs so that they can become financially strong & buy food themselves?
To give them free rice doesn't help anyone.
Companies still refrain to invest in India bcz of stiff land laws?
Socialism feeds poor by taking from rich which ultimately make rich also poor & poor becomes poorer.
Our country needs business more than anything else now.
What a disgraceful & embarassing idiocracy EXISTS IN INDIA??? When we talk about 1990s, this chidambram & manmohan are depicted as Maseehas FOR SAVING THE ECONOMY!!! BUT THE MOST IMPORTANT QUESTION IS: That in first point who the hell was responsible to push the country in such dire straits that we had to sell our gold?? Wasn't it congress (party of mukherjee, manmoham & chidambram) or for some morons, was it B.J.P???? I openly challenge media to answer that first!!!
paramjeet jaiswal abe chutie rule tha na k india decide krega konsi compny kitta saman bnaegi nd kitna bechegi nd kitne ka bechegi
Isliye bahr ki company darto thi pese lgate hue india me
Jab MMS ne rule change kia to sb bahr ki companies ne supprt kia invest kia india me
Nd iran ne kuwait pe hamla kia tab america ne iran pe hamla kia
Iske liye petrol k price double se v jada ho gae.isliye achank se crisis hua tha
KITNI BADI LAANAT KI BAAT HAI KI KUCH HINDUSTANI & YE KHAASKAR HARAAMI MEDIA WAALE 1990-91 KE TIME KA HAWALA DETE HAIN & MANMOHAN SINGH KI AISI TAAREEF KARTE HAIN KI PUCHO MAT!!! ABEY JHANDUON, PEHLE YE BATAO KI 1990 KI IS BARABAADI KI SITUATION MEIN PAHUNCHAYA KISNAY THA? MANMOHAN SINGH KI PARTY NE YA BJP NE?????
PV was the only person who did the unthinkable by taking subramaniam swamy from opposition and inducting into the backbone of the nation's treasure that is into finance sector and look at it's results then why shall the useless parties like bjp cpm this that and all shall be allowed they should be immediately destroyed by the real king the public.
Wahase nikalne ka kaam bhi unhone hi kiya.... Before they were trying there best to progress but nothing was going in there favour thats why crisis occurred... But they overcome like a boss... Singh is king
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