The PRESS Pad

India may be approaching a critical economic turning point similar to the 1991 balance-of-payments crisis, with rising fiscal pressures, weakening investor confidence, surging subsidy burdens, and global geopolitical shocks threatening macroeconomic stability. Economists and policy experts are increasingly warning that unless India undertakes bold structural reforms — particularly in fertiliser subsidies, food subsidies, fiscal management, and energy pricing — the country cou