Technological Implications of Structural Adjustment-Case of India

Structural Adjustment Case of India M R Bhagavan As a result of the Structural Adjustment Programme adopted by the Indian government in July 1991, India now operates a virtual 'open door' policy towards foreign investment and technology in most areas of industry and infrastructure. The new policy regime is likely to intensify and accelerate the process of technological polarisation between the large and small scale sectors, and high tech imports will impede the design and innovation capability of in-house R and D units. An educated and skilled workforce is essential to economic development, and for this a new public policy for a radical transformation of the education system is needed.