https://www.taxtmi.com/news?id=46310 Reform by stealth describes an opportunistic policy technique where liberalisation proceeds without clear timelines or staged targets, contrasting with transparent gradualism that announces phased roadmaps to enable stakeholder planning. Ahluwalia attributes India's 1991 shift to this stealth approach-politically enabled by leadership and technically designed by economists-arguing it traded predictability for flexibility and feasibility. He further contrasts India's sustained macroeconomic prudence with neighboring states' repeated recourse to IMF support, urging comparative attention to institutional reasons behind divergent outcomes. en-us Wed, 11 Jun 2025 17:31:04 +0530 Wed, 11 Jun 2025 17:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46310 Reform by stealth describes an opportunistic policy technique where liberalisation proceeds without clear timelines or staged targets, contrasting with transparent gradualism that announces phased roadmaps to enable stakeholder planning. Ahluwalia attributes India's 1991 shift to this stealth approach-politically enabled by leadership and technically designed by economists-arguing it traded predictability for flexibility and feasibility. He further contrasts India's sustained macroeconomic prudence with neighboring states' repeated recourse to IMF support, urging comparative attention to institutional reasons behind divergent outcomes. News - Wed, 11 Jun 2025 17:31:04 +0530 https://www.taxtmi.com/news?id=46310