
Title E61 | 1991: India’s Near-Default Moment. How Did We Survive — and in 2025 What Challenges Comes Next? | Montek Singh Alhuwalia
⚡️⚡️Energizing India Podcast Alert! ⚡️⚡️ 1991: India’s Near-Default Moment. How Did We Survive — and in 2025 What Challenges Come Next? | Montek Singh AHLUWALIA On this program, we engage with the key thinkers and leaders shaping India's economic, energy, and policy landscape. I'm your host, Ravin MIRCHANDANI, and today, honestly, I'm a little bit starstruck. Joining us on the show is someone we have admired for years and who really needs no introduction at all to the business audience, as he was one of the true architects of the modern India that we inhabit today. A journey that the country commenced in 1991, Montec Singh AHLUWALIA is an economist, a policy visionary, and also a civil servant who, along with the then-prime minister Manmohan Singh, played a pivotal role in steering India during its 1991 economic crisis. A moment of near default, where the country had to pledge its gold to keep the economy afloat. He served as the deputy chairman of the planning commission from 2004 to 2014, holding the rank of cabinet minister, and before that, he was the first director of the Independent Evaluation Office of the IMF. Today we go behind the scenes of that 1991 crisis, what really happened in those 10 stays, battles that were fought in the coridoors of power and how india chose the path of liberalisation, we will also look ahead to the turbulence of the present moment, global trade wars, tariff barriers, and the new era of supply chain of geo politics, what does all of this mean to india and how do we charte the path forward. This is a rare and candid conversation with a man who has seen it all from Washington to New Delhi and has helped shape India's economic destiny. Montec Singh AHLUWALIA, the man with the perennial blue turban, welcome to the program!
From "Energizing India Podcast"
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