Centre should spell out reform agenda, take everyone along

July 1 is an important date in the history of the Indian economy. It was on July 1, 1991 that Dr Manmohan Singh, the then finance minister, launched economic reforms starting with the devaluation of the Indian rupee. It was on July 1, 2017 that the Goods and Services Tax (GST) regime was introduced by the Union and state governments. They have had transformative effects on the economy in their own ways.
 

When the minority government of Narasimha Rao was formed on June 21, 1991 after the general elections, very few expected major initiatives. Most people knew that there was