20 years ago, India's prime minister Manmohan Singh and finance minister started the budget that opened India to the global economy. This budget help created India's economic growth that pulled its people out of poverty and aid the poor. Recently, the budget also created inflammation that is growing. Food prices has reached thier highest, prices over 11%. The government decided to deregulate Petrol prices but this may have been the mistake since control is now lost. India still needs to create more reforms to stop corruption and create more jobs since the current population makes India a very competitive place for jobs. Over the next five years, the government wishes to invest $1 trillion into infrastructure construction for example, roads and railways. Posted by: Ana Rivera
URL: http://www.bbc.co.uk/news/business-12591720
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