ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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THE ECONOMY-Liberalisation Theology

Liberalisation Theology THE government's pre-budget Economic Survey, while expectedly presenting a buoyant view of the economy, tries to disarm critics with the admission that the year has not been without setbacks. However, the only setbacks it can bring itself to mention are the banking-cum-stock market scam and the communal riots of December and January. "Without these setbacks there would have been faster recovery in both output and employment in 1992-93", claim the authors of the Survey, hoping to draw a veil over shortcomings in economic performance which are directly attributable to the new policy regime.

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