ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The New Economics

The 'New' Economics? INDIA'S ruling middle class mind has been profoundly excited by the way in which the national budget offered by Rajiv Gandhi's government has finally recognised the respectability of the capitalist system and its dominance in our policy-making. The deiterminatipn with which this has been done, despite the inevitable, massive, built-in inflation (an iniquitous taxation of the poor) certainly points to the new perspectives we are going to push. And the obedient Congress MPs are enthusiastic in their support.

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