A tiger or a dodo?

Article Abstract:

India has undergone some economic reform, but there is still a need for further progress. Power failures and restrictive labor laws create problems for companies. The government plans to carry out more reforms and boost economic growth, and the new parliamentary session, starting on Nov 29 1999, offers an opportunity to begin the task. There is a need to tackle the problem of fiscal deficits and to reduce the number of bureaucrats. Privatization of banks would help the economy, and there is a need for realistic electricity prices, a move which has to be carried out by the state governments.

Economic Programs, Administration of Economic Programs

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The revolution so far

Article Abstract:

Some say that India managed to combine the worst aspects of capitalism and socialism, following its independence from Britain. However, inflation and deficits have remained low, and the country's economic reform plan is likely to help in the long run, although the process is a slow one.

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Political v fiscal balance: India

Article Abstract:

India's economy grew at about 7% in the last fiscal year, which suggests that the nation may be starting to fulfill its economic promise. Finance minister Palaniappan Chidambaram announced a series of tax cuts designed to attract foreign investment and continue growth.

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