ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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The Cloth-Cotton Price Chase

Correction? Romesh Thapar INDIAN realities are too sharp for the instant slogans of Right and Left. This is becoming apparent as the ruling Congress Party at the Centre begins the plod back to an economically Centrist position. The recent excitement over controlling monopolies and denying industrial licences to the big firms is fast dissolving: all manner of polite seminars and dialogues, involving government spokesmen, are seeking to explain what was actually meant. It is convenient that we are still compelled to conduct our all- India affairs in an alien tongue, for it provides endless opportunity for re- interpretations (particularly when the level of English could not be lower!). The fact is that even the politicians are alarmed by the near-stagnation in the economy.

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