Someone is sitting in the shade today because someone planted a tree a long time ago – this saying attributed to Warren buffet holds true in the case of Economic reforms, 1991.
History is a novel for which Congress is The Author: Congress has garlanded itself for presenting the industrial policy, 1991 on the floor of the house. Extending their acclaimed glory – it also claims that Dr. Manmohan Singh was The father of Economic Reforms. It’s pertinent to note that Dr. Manmohan Singh couldn’t repeat his reform magic from 2004-2014 when he governed the highest office in India.
Truth and Oil will come to its own surface : Attached herewith is the paperclip dated 19 July 1991 from The Indian Express wherein Mr. P Chidambaram in his capacity as MOS Commerce (1991) stated that “A specific proposal for expanding the REP system was included in a paper on export strategy prepared by the Commerce Ministry and considered by CCTI on Jan 25, 1991. The CCTI referred the paper to a group of ministers. A revised note was prepared on Feb 25 by the commerce ministry and was approved by the CCTI on March 11, 1991. I need hardly point out that commerce minister at that time Dr. Subramanian Swamy and the Prime Minister who presided over the CCTI meeting was Mr. Chandra Shekar”.
Apart from P. Chidambaram, another congressmen, Shri Jairam Ramesh in his book To The Brink and Back: India’s 1991 Story states the Chandra Shekhar’s Cabinet Committee on Trade and Investment (CCTI) itself had on 11 March 1991 approved a new export strategy which contained the main elements of the 4 July package
While the facts stated above are hardly a revelation since Dr. Swamy has independently shared this information earlier via his tweets
: Jairam Ramesh’s book also records that the first reform document was piloted through the Cabinet by me on March 11, 1991.
— Subramanian Swamy (@Swamy39) July 24, 2016
To conclude, Indian National Congress isn’t entirely saying the truth when they claim authorship of 1991 economic liberalization since two of their captains attribute the facts to favour Dr. Subramanian Swamy, then Minister of Commerce and Law and Justice as the key man behind Economic Liberalisation of India. In the matter of liberalization, Congress is proved to be economical with the truth.
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