Multinationals and Development-Elitist Perspectives

Oil and Other Multinationals in India by M S Patwardhan, Popular Prakashan, Bombay, p 140, Price Rs 150 IN recent years the door has been opened wide for largescale inflow of foreign capital into this country. Liberalisation of imports of foreign private capital and of 'high technology' has become the craze. M S Patwardhan's book "Oil and Multinationals in India" is in accord with this policy. The author was the first and the last Indian chief executive of the erstwhile Burmah Shell group of companies in India and is currently the managing director of NOCIL, a joint venture of the Royal Dutch Shell and the Mafatlals.