Drawing on your studies of economics, development, and emerging markets, it may be useful to think through the possible linkages between the reform of a specific sector and economy-wide indicators of interest, such as national economic growth, employment, inflation, poverty etc. Such lines of causation would provide structure to your argument and, in this case, ought to be adapted to the circumstances of the Indian economy and reform programme. The question encourages a comparison with the reforms that India began in 1991. You might want to dwell on how comparable the current round of reforms to those seen in 1991. The scale, trigger for, and consequences of reform episodes might or might not be the same and this might influence your assessment of the likely impact of the recently announced wave of Indian reforms.