Montek Singh Ahluwalia at Idea Exchange: ‘FTAs with Europe, UK good moves… should ensure industry doesn’t put pressure to take rigid positions’

Montek Singh Ahluwalia at Idea Exchange: ‘FTAs with Europe, UK good moves… should ensure industry doesn’t put pressure to take rigid positions’

Few understand India’s political economy as Montek Singh Ahluwalia does. As Commerce Secretary and Finance Secretary in the early 1990s, he helped shape India’s response to the balance of payment crisis of 1991, setting in motion its transformation into a market-linked economy by dismantling the licence raj and ushering in reforms across sectors.