ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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On Liberalisation and Some Related Matters

On Liberalisation and Some Related Matters K S Krishnaswamy Forty-odd years ago, we hoped for a fundamental restructuring of the economy through planned development under the leadership of a socially a crore public sector. These hopes have remained substantially unfulfilled, thanks to the cynical manipulation of the state and ail its organs by the organised and well-entrenched interest groups within the government and outside. The centralising forces strengthened by a need to hold the country together as well as by the planning processes we adopted have made these interest groups even more powerful. In this environment, is it realistic to assume that these interest groups will not also manipulate (he market system to serve their private interests?

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