Who really runs India’s economy? | 1991 reforms | GST | IAS | Macro Matters Ep 4 | Podcast

In this episode of Macro Matters, veteran journalist A. K. Bhattacharya joins us to discuss a crucial question: Who really runs the Indian economy? From the role of the bureaucracy and the legacy of the 1991 reforms to GST, compliance, and regulation, we explore whether India's institutions have evolved as fast as its economy. Chapters 00:00 - Introduction 02:50 - Corporate India and the Administrative State 20:15 - Has India really liberalised? Or has the State simply changed? 23:40 - What was the change that 1991 reforms brought? 28:35 - Did India dismantle the Licence Raj—or did it simply replace it with a Compliance Raj? 35:30 - Quality Control Orders: When quality becomes a policy tool 42:35 - GST at Nine: Did simplicity become complexity? 52:05 - Who really runs the Indian Economy? #podcast #indianeconomy #bureaucrats #politicians #ias #administrativeservices #liberalisation Important Playlists Macro Matters Podcast: https://studio.youtube.com/playlist/P... National News:    • Nation   Business News:    • Business   World News:    • World   BS Decoded:    • BS Decoded   Want access to Business Standard’s premium insights? Join our exclusive LinkedIn communities and connect with top voices in the BFSI space—on topics that matter to you! BFSI Circle –   / 9867761   Business Standard Reader's Group –   / 5013698   Hello viewers! Guess what? We're now on WhatsApp Channels! Dive into real-time news updates, insights, and much more. Follow us: https://whatsapp.com/channel/0029Va6c... Subscribe to BS Hindi YouTube Channel:    / @bshindinews   Download the all-new Business Standard app: https://bit.ly/App-BS Join us:   / bsindia     / bsindia     / business.standard