Kharge Reflects On “Groundbreaking” 1991 Budget Day After 2024 Budget

Congress President Mallikarjun Kharge expressed immense pride in the groundbreaking Liberalization Budget of 1991 on Wednesday and stressed the need for new, robust second-generation reforms. In a post on X, Kharge highlighted July 1991 as a pivotal moment in India’s history when the Liberalization Budget, led by then Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh, ushered in a new era of economic reforms. This visionary move, he noted, revolutionized the country, empowering the middle class and lifting millions out of poverty and marginalization. Kharge emphasized that the Congress party takes significant pride in this achievement, which catalyzed India’s growth trajectory and continues to inspire progress and prosperity. He further stated that there is now a pressing need for meaningful second-generation reforms to benefit both the middle class and the underprivileged, continuing the legacy of transformative change.