Economic Reforms


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Economic Reforms

 

Pros Cons/challenge
1.       Aviation, mobile, cable tv, outsourcing, automobiles, finance etc have grown manifold 1.       Social services yet to be achieved. India has at least twice as many cellphones at toilets
2.       GDP risen from 9th in the world to 4th in 20 years (PPP terms) 2.       In PCI and HDI India is still at the bottom rungs
3. 3.       Suicide of over 200,000 farmers over 12 years
4. 4.       Rising informalisation of work and unemployment
5. 5.       Scandals: Harshad Mehta, Enron, public sector sell off, 2G, Lavassa, ISRO-Antrix, KG pricing scandal
6. 6.       Active collusion between business and politics: Niira Radia
7. 7.       Global Integrity Report on black money
8. 8.       400 million continue to live at or below an animal level of subsistence

 

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