Debt Management in India


chapters carrying the titles 'Bazaar' and Angolan' which deal with economic and political matters. The problem with these chapters starts with the titles themselves; 'Bazaar' in Bengali does not stand for market, nor does Andolan' mean either rebellion 'or revolution ("Itihasa Bazaar, Puja, Jatra and Andolan, which may be glossed as 'history', 'market' 'ritual or festival', 'theatre', 'revolution' ..."). Market in economics stands for an institution; Bazaar stands for the market place. The world Andolan is used by English-speaking Bengalis interchangeably with the English word 'movement'. This confusion between revolution, rebellion and movement is only one among the many that occur in the chapter on Andolan'. About the chapter called 'Bazaar' the question to ask is: what is the justification of this descriptive account? It is not that economists have not studied the functioning of markets both analytically and descriptively.The author's account does not show any specificity of Vishnupur. The Andolan' chapter makes this question even more urgent. The Naxalite movement did not originate anywhere near Vishnupur nor did the town play any crucial role in that revolutionary upsurge. One does not see from the account presented by the author any advantage of looking at the country-wide phenomenon from the viewpoint of Vishnupur. If the author claims that he has been able to connect the Naxalite movement with the legends of Malla kings, the rituals of the goddess Manasa and the techniques of Jatra performance that claim cannot simply be sustained. It is not surprising that the compressed narrative account should contain serious errors like ascribing the split in the Congress Party to some unspecified "issues of good production" and tracing the armed revolt in Telengana to what he calls the 'Zhdanov line'.