http://www.rediff.com/business/slide-sho...110729.htm
E[size=12px]xactly two decades ago, Dr Manmohan Singh, then the finance minister, launched India on a new economic policy course of liberalisation, privatisation and globalisation (LPG).[/size]
[/size][size=12px]Singh exploited a short-term foreign exchange crisis to push through a far-reaching long-term agenda. Ironically, on the 20th anniversary of the event, the sleaze associated with neoliberalism, with all its cronyism, criminality and plunder of public wealth, is on full display.[/size]
[/size][size=12px]But neoliberalism's diehard supporters strain to deny a link between LPG and scandals.[/size]
E[size=12px]xactly two decades ago, Dr Manmohan Singh, then the finance minister, launched India on a new economic policy course of liberalisation, privatisation and globalisation (LPG).[/size]
[/size][size=12px]Singh exploited a short-term foreign exchange crisis to push through a far-reaching long-term agenda. Ironically, on the 20th anniversary of the event, the sleaze associated with neoliberalism, with all its cronyism, criminality and plunder of public wealth, is on full display.[/size]
[/size][size=12px]But neoliberalism's diehard supporters strain to deny a link between LPG and scandals.[/size]