A Comparative Analysis Of The Performance Of The Indian Economy In The External Sector - Pre Reform And Post Reform Era

APORUPA SENGUPTA, ST. XAVIER’S COLLEGE, KOLKATA

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The Indian trade sector went through ample changes during its history of economic reforms. India transformed from an inward-oriented, export pessimistic nation, to a more open, market-oriented global economy, post-liberalization policies. The paper aims at establishing a comparative review of India’s accomplishments throughout the years, pre-and-post-reform. A special focus has been given to comparing ‘self-reliance’ in the pre-reform period (‘Atma-Nirbhar Bharat Abhyan’) that was announced by Indian Prime-Minister, Mr. Narendra Modi on 12th May 2020 amidst the Covid-19 ‘pandemic pandemonium’, as a special economic package of Rs. 20 lakh crore (which is approximately equivalent to 10% of India’s GDP).