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

Modi governmentSubscribe to Modi government

Scrutiny of the Union Government’s Performance

Price of the Modi Years by Aakar Patel, Chennai: Westland, 2021; pp vii + 488, `699.

India’s Far from Neo-liberal Economic Order in the Modi Era

India’s economic order is far from neo-liberal. The state, and thus politicians, have retained very substantial powers over market forces. Expectations that the Modi government would liberalise audaciously have been disappointed. Especially since mid-2019, it has used its remaining powers to intimidate corporate interests, in pursuit of its main objective: top-down control over all power centres. Thus, in crucial ways, the economic order has become less liberal (or neo-liberal) than before.

Back to Top