POLITICS-What about Act Five, Scene Five

by the Indian authorities as also by spokespersons of the multilateral financial institutions on India's economic reforms, the success achieved so far and the direction which the reforms should take in the coming years. These show that while there is some grudging recognition of the problems in the way of pushing ahead with the reforms, there are few signs of readiness to deal with these problems so as to minimise the adverse consequences of structural adjustment.