From the record
A quiet year in the ledgers
No dated event for 1989 has yet been extracted from the sources. The paper prints what is documented and leaves the rest blank, rather than guessing.
Prime Ministers: Rajiv Gandhi, Vishwanath Pratap Singh
The Age Of Stars
Partition, planning, aid consortia and nationalised banks.
Vol. CXVThe edition of 1989 · The Planned Republic0 records
- Prime Ministers
- Rajiv Gandhi · Vishwanath Pratap Singh
- President
- Ramaswamy Venkataraman
- Finance Ministers
- Shankarrao B. Chavan · Madhu Dandavate
- RBI Governor
- R. N. Malhotra
Bank Rate
10%
unchanged on 1988
Rupee per dollar
₹16.21
+16.6% on 1988
Inflation
7.07%
−2.31 pts on 1988
GDP growth
5.95%
−3.68 pts on 1988
Reserves
$8,048m
−12.4% on 1988
External debt
$73,721m
+24.3% on 1988
