Changing Economic Scenario and Social Justice in India

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Soon after independence the nascent Indian nation adopted semi-socialistic (state controlled) mix-economic system for the reconstruction of its economy with justice as its main objective. It worked well for 43 years (1947-90) and a lot of wealth and employment opportunities were created which of course could not percolate to the bottom rung of the Indian society due to political and bureaucratic corruption. The ruling elites both Congress as well as BJP, votary of Swadesi replaced the existing Nehruvian economic system with the capitalistic new economic system so called liberalisation, privatisation and globalisation and opened its economy and its market to the foreign players, the Multinational Corporations (MNCs) under the pressure of World Bank, IMF and WTO, the tentacles of the Developed Countries (G-7) without laying down proper guidelines and conditions. The new economic system lack social justice. Thus Indian economy is already under invasion by the Capitalistic west, which has accelerated not only poverty, hunger, unemployment and debt but also crisis of confidence in our polity and the bureaucratic system. The present book focuses on the merits and demerits of old and this new economic reform policy and its fallout. It also suggest ways and means to came out of present crisis without tremoring national unity and integrity.

ABOUT THE AUTHOR Mahabal Ram

Mahabal Ram is Ex-Project Coordinator of All India Coordinator Barley Improvement Project (ICAR), Krishi Bhawan, New Delhi. He is a plant breeder and Geneticist of international repute and recognition. He is recipient of First Dr. Rajendra Prasad Memorial Award; First Kheti Award from ICAR and his barley variety Karan 15 received ‘Science and Technology Process Prize’ from China for outstanding performance in Sichuan Province of China, where it has been released for cultivation. In addition to his innovative research contributions and research publications, he has authored four books: (i) High Yielding Varieties of Crops, (ii) Cultivation of Dwarf Wheat, (iii) Gene Revolution in Barley (iv) Changing Economics Scenario and Social Justice in India and (vi) No Dawn of the Midnight Freedom. He is also a social worker.

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Bibliographic information

Title
Changing Economic Scenario and Social Justice in India
Author
Edition
1st ed.
Publisher
ISBN
8178880504
Length
xxxii+296p.
Subjects