The Future of Indian Economy
Past reforms and challenges
Edited by Yashwant Sinha and
Vinay K Srivastava
Rupa Publications
Rs 795, 361 pages
Is “economic reform” still a bad phrase in the Indian political discourse?
Consider the evolution of arguments in public discourse since the turn of the century. Many commentators offered two reasons for the National Democratic Alliance’s (NDA’s ) surprising loss in 2004. First, that the much-touted reforms had failed to have a meaningful impact on the lives of the poor. And second, that proponents of reforms weren’t politically strong enough to sway elections.
That the United Progressive Alliance
