The Reforms:The Mantra That Beguiled a Nation

P P Rajagopalan

The mischief and the malevolent intentions of the perpetrators of the Reforms: Caused humongous wealth drain With the trickle-down economics, gap between the rich and the poor became worrisomely high! In a world awash with investable capital looking for opportunity, India was beguiled to believe in the salvation of embracing foreign capital, euphemistically termed FDI and FII.