Farm laws and the studied silence of India's original reforms team
4 years ago

Farm laws and the studied silence of India's original reforms team

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The reforms process in India is sometimes compared to the hour hand of a clock that one rarely sees moving on a continual basis. This question is particularly applicable to the original “reforms team” that brought India back from the brink of a balance of payments default in 1991 by ushering in policies that changed the course of India’s history. Finance Minister Manmohan Singh’s 1991 budget speech on 24 July, 1991, quoted Victor Hugo “No power on earth can stop an idea whose time has come” to forcefully build a case for opening up India’s economy and dismantling the licence-quota-raj system that had become embedded with layers and layers of inefficiencies, hurting India’s prospects. The rather studied silence of India’s original reforms team who had successfully piloted the nation by building a case for reforms in 1991 on the current attempts at farm reforms is, therefore, baffling. In India, the absence of bipartisan political thinking across parties has resulted in many critical policy reforms remaining stuck in seemingly endless debates.

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