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1991 reforms could have begun in 1981, but not during Rajaji’s time, says Chidambaram

The former Union Minister stated that before 1981, capitalist countries claimed to support an open market economy, but the absence of a rules-based global order prevented poor and middle-income countries from doing the same

· 8/28/2026, 3:28:10 PM· 2 min read
1991 reforms could have begun in 1981, but not during Rajaji’s time, says Chidambaram
The former Union Minister stated that before 1981, capitalist countries claimed to support an open market economy, but the absence of a rules-based global order prevented poor and middle-income countries from doing the same
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