- Trade policy liberalised ('91 and '92)
- Rupee devalued ('91)
- New Liberalised Industrial policy ('91)
- Phosphatic and potassium fertiliser prices decontrolled
- Steel decontrolled ('92)
- Imposition of quantitative restrictions allowed ('98)
- Foreign equity allowed in aviation ('97)
- T-Bills replaced with ways and means advances ('97)
- Coal mining allowed by private sector ('97)
- SEBI powers tightened ('95)
- Share buyback announced ('98)
- 25-30 per cent petrol price hike ('96)
- Private banks allowed ('94)
- Foreign broking firms allowed ('94)
- 40% equity in insurance ('99)
- Major commodities like sugar, petro-products decontrolled
Major Economic Policy Decisions Taken Outside The Budget
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