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**LottiFurmann** · 07-22-2012, 10:13 PM

You are absolutely right... The economic policy adopted from NarasimaRao to Manmohan has resulted only rich becoming richer and poor becoming poorer.. Yes we have seen various models of cars...but what is the price of basic needs... The very agriculture sector is totally neglected ...Liberalisation has in brought in growth of every Indian but made to borrow more &more...
TVK

TVK - Sorry!!. what you are stating is incorrect. there is a very large middle class, who were poor earlier (200 to 300 Mil) that has benefited from these reforms. if you remember the only people who were the business class in the past was the marwari's & Gujaratis. Now the south indians are leading the businesses & starting IT firms, providing jobs for millions & making a lot of money.

unfortunately despite the fact that communism/socialism has never worked (China has moved to a capitalist economy though they have persisted with a communist government) lot of people keep parroting the same.

Amazing that people have forgotten that in the recent past people were fighting for reservations in Govt Jobs becos there was NO private sector. !!

07-22-2012, 10:13 PM	#6
LottiFurmann Join Date Jan 2008 Posts 4,494 Senior Member	You are absolutely right... The economic policy adopted from NarasimaRao to Manmohan has resulted only rich becoming richer and poor becoming poorer.. Yes we have seen various models of cars...but what is the price of basic needs... The very agriculture sector is totally neglected ...Liberalisation has in brought in growth of every Indian but made to borrow more &more... TVK TVK - Sorry!!. what you are stating is incorrect. there is a very large middle class, who were poor earlier (200 to 300 Mil) that has benefited from these reforms. if you remember the only people who were the business class in the past was the marwari's & Gujaratis. Now the south indians are leading the businesses & starting IT firms, providing jobs for millions & making a lot of money. unfortunately despite the fact that communism/socialism has never worked (China has moved to a capitalist economy though they have persisted with a communist government) lot of people keep parroting the same. Amazing that people have forgotten that in the recent past people were fighting for reservations in Govt Jobs becos there was NO private sector. !!
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