Prime Minister: Rajiv Gandhi
Partition, planning, aid consortia and nationalised banks.
Bank Rate
10%
unchanged on 1983
Rupee per dollar
₹11.35
+12.3% on 1983
Inflation
8.32%
−3.55 pts on 1983
GDP growth
3.82%
−3.47 pts on 1983
Reserves
$8,536m
+3.9% on 1983
External debt
$32,764m
+6.9% on 1983
Indian polity; Punjab economy · 1 June 1984
Army operation at the Golden Temple; main assault 5–6 June; Punjab under curfew; official White Paper released 1984-07-10; triggered army mutinies and the escalation of the Punjab insurgency
ReportedPress. Source: https://en.wikipedia.org/wiki/Operation_Blue_Star
Indian polity; national shutdown · 31 October 1984
Succession to Rajiv Gandhi within hours; followed by the November 1984 anti-Sikh violence and a December 1984 general election. No market-magnitude figure could be obtained from the sources I opened
ReportedPress. Source: (s. "Assassinations") (en.wikipedia.org)
New Computer Policy
Eased import restrictions on technology, encouraged private investment and gave incentives for software exports; accompanied by Software Technology Parks and, in 1988, the founding of NASSCOM. Source records rapid growth in hardware and software
ReportedPress. Source: en.wikipedia.org
Karakoram / Kashmir
India secured ~2,500 km² of glacier territory; start of a 19-year high-altitude deployment with permanent defence-budget and logistics cost
ReportedPress. Source: https://en.wikipedia.org/wiki/Siachen_conflict
India (Delhi, Punjab)
Political succession shock and a national shutdown period; no verified market-closure or price-impact figure obtainable from the sources I opened, so no magnitude is recorded
ReportedPress. Source: (s. "Assassinations") (en.wikipedia.org)
tankers
7.5 % of hull value
ReportedPeer-reviewed. Source: [M7] Navias & Hooton (1996), via Strauss Center
