Modernisation for Export-Oriented Growth-A Critique of Recent Indian Policy

Modernisation for Export-Oriented Growth A Critique of Recent Indian Policy Nirmal Kumar Chandra Modernisation of the economy has been a pervasive goal of Indian official policy since independence. It has, however, acquired a new connotation since the advent of the present Prime Minister More than ever before, the accent today is on technological upgradation, production of high quality goods at lower prices with the help of appropriate imports, drastic reduction in direct taxes, rationalisation of indirect taxes, and the creation of a healthy competitive environment in various sectors of the economy. It is also believed that the economy will respond positively to these measures, alleviating at the same stroke rural poverty and unemployment.