Only a few people realize how irrational the Indian economic control system was before 1991. What the winds of economic liberalization brought with it was the dismantling of License Permit Raj. Join Pooja Mehra in conversation with Dr Rakesh Mohan, Former deputy governor of RBI, as they discuss this system in-depth, the command-and-control economy, and how much of this system was dismantled after 1991.