India's economic models:
| Period | Prime Minister | Economic Model |
|---|
| 1991–1996 | P V Narasimha Rao | Capitalism |
| 1998–2004 | A B Vajpayee | Capitalism |
| 2004–2014 | Manmohan Singh | Socialism |
| 2014–2019 | Narendra Modi | Welfare Capitalism |
Welfare Capitalism = 50% free-market capitalism + 50% pro-poor welfare schemes
No comments:
Post a Comment