India Liberalization
While economic liberalization can do a lot of good to a nation, it must be supplemented by a range of devices by which the state can promote human development.Nations have to move well beyond economic liberalization and must adapt and extend the language of economics in order to think more adequately about human development. Without adequate social development like literacy, health, women's education and social security there can be no meaning in economic expansion if economic growth has to serve society. Globalization and liberalization are good ideas but need to be supplemented with public action to enhance human capabilities. This means investing in education, health and gender empowerment. India launched a drive for economic liberalization in 1991 after years of disastrous socialist and centralized planning, but the question arises whether the country has taken care of its needs in human development and poverty alleviation.This paper discusses these questions, and analyzes how economic liberalization alone is not sufficient for a nation's welfare. The necessities of planning and implementing programs from a human development perspective are outlined.
Several significant changes have taken place since then, especially in the economic sphere with adoption of new technologies, diversified production, and sophisticated management. India has insufficient and ineffective government activity in many other fields, including basic education, health care, social security, land reform, and promotion of social change. 202-204]India liberalized its economic policies and implemented drastic economic reforms in 1991. There is still much ground to cover in terms of ending human deprivations. [Editorials, The Hindu, Jan 05, 2004] This, in fact, was the theme that the economist and Nobel Laureate, Amartya Sen, has been writing in his book "India: Economic Development and Social Opportunity" published nearly a decade ago. Professor Sen and his co-author Jean Dreze recognize the importance of "the fundamental role of human capabilities, and their dependence on basic education, health services, ownership patterns, social stratification, gender relations, and the opportunity of social cooperation as well as political protest and opposition. ically and is capable of becoming a developed country in the foreseeable future, perhaps even within two decades. For expanding social opportunities, state need to play a more proactive role in the same manner as it has shown dynamism in reducing controls, liberalizing the economy and opening up the economy. One can say that the glass is only half-full or half-empty.
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