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

A+| A| A-

Reform and Relief

OVER the past two months, three different sets of prime ministers and finance ministers have told the nation of the necessity of pressing on with economic 'reforms'. These prime ministers and finance ministers have represented very divergent ideological and political groups, and certainly at least the current prime minister's party campaigned on the basis of a manifesto that openly called for a major change in the direction of economic policy from that of the past five years. Yet once in office, evidently the immediate need to placate big business and finance, including foreign capital, has dictated these public statements of support for continuing the process of so-called 'economic reform' initiated by the Congress government in 1991.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top