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State, class and economic reforms: An Indian experience

By: Mukerji, Siddhartha.
Material type: materialTypeLabelBookPublisher: Bihar Journal of Public Administration Description: 20(2), Jul-Dec, 2023: p.324-332. In: Bihar Journal of Public AdministrationSummary: Scholarship in political economy has taken special interest in understanding political dynamics of economic reforms in India since 1991 from when major structural changes were initiated to give a thoroughly new look to the economy. The market forces were promoted on one hand, while also taking special care of consumerist interests of the new middle class. In a way, the demands of the emerging classes have oriented the government towards a new economic policy in which liberalization, privatization and globalization have become the order of the day. However, democracy in India was antithetical to this path of economic development as it excluded a large mass of people from the benefits of the new economy. The paper attempts to analyze economic reforms and how it has largely attended to the needs of business and new middle class. Civil society has however emerged as an arena of democracy which attends primarily to the needs of poor masses who make democracy meaningful. – Reproduced http://www.iipabiharbranch.org/
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Articles Articles Indian Institute of Public Administration
20(2), Jul-Dec, 2023: p.324-332 Available AR131280

Scholarship in political economy has taken special interest in understanding political dynamics of economic reforms in India since 1991 from when major structural changes were initiated to give a thoroughly new look to the economy. The market forces were promoted on one hand, while also taking special care of consumerist interests of the new middle class. In a way, the demands of the emerging classes have oriented the government towards a new economic policy in which liberalization, privatization and globalization have become the order of the day. However, democracy in India was antithetical to this path of economic development as it excluded a large mass of people from the benefits of the new economy. The paper attempts to analyze economic reforms and how it has largely attended to the needs of business and new middle class. Civil society has however emerged as an arena of democracy which attends primarily to the needs of poor masses who make democracy meaningful. – Reproduced


http://www.iipabiharbranch.org/

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