From Singur to New Delhi

Other than raising salaries of MPs, or implementing a Pay Commission award, there are few pieces of legislation/policy that will get the support of all MPs who represent the voice of the people in a democracy. And there is no set of reforms, in any country, that does not leave a set of people feeling they’re going to be dramatically worse off. In India, right through the 1990s, when Manmohan Singh unleashed one reform after the other, the dominant view amongst Indian industry was that opening up the economy would result in it getting wiped out by MNCs.

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