Economic Reforms and Social Degradation
Over the last two decades, India has witnessed series of economic reforms through various policies and promotional efforts from the government. Private industries, corporate and traders have seen a drastic changes in the way they operate their business and dramatic effects so long been considered as dreams. The nation’s economy has witnessed gradual growth in terms of increased GDP and PCI with the lowering of inflation. The produces in the agricultural and industrial sector has reached the top levels with more of exporting prospects and higher prices in the domestic market. Globalization facilitated people to connect and work beyond their reaches improving their economy and standard of life. They could have access to internationally acclaimed products and services, processes and technologies allowing them to replicate the same in their domestic manufacturing and processing. The execution of reform policies and plans gets enveloped with shape and character, form and figure through proper training and methodologies as the younger generation at the proletariat levels effectively put them in use.
This article was first published in mkgandhi.org monthly journal, November 2012 edition.
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