Have neoliberal policies truly yielded beneficial effects for India? 'Two Decades of Market Reform in India' presents a collection of essays that challenge the conventional wisdom of Indian market reforms, examining the effects of neoliberal policies enacted by the Indian government and exploding the myths that surround them. In particular, the volume questions the perceived benefits of India's reform policies in the areas of growth, agriculture, industry and poverty alleviation, and examines how the government's focus on preventing a fiscal deficit caused a large-scale decline in development...

Have neoliberal policies truly yielded beneficial effects for India? 'Two Decades of Market Reform in India' presents a collection of essays that challenge the conventional wisdom of Indian market reforms, examining the effects of neoliberal policies enacted by the Indian government and exploding the myths that surround them.

The volume addresses three key areas. Firstly, it investigates how the high growth rate of the Indian economy has made it uneven, vulnerable and liable to poor employment generation and agrarian crises. The text refutes the hypothesis that growth in India has...