Reforms exacerbated inequality | Sambad English
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By Dr. Santosh Kumar Mohapatra* It is publicised now that exactly 30 years ago, a looming balance of payments crisis pushed India’s leaders to dismantle its socialist economy, embrace the economic liberalisation process ushering in private enterprise and years of higher growth. In reality, India embraced the so-called Washington Consensus under the pressure from IMF, [...]
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