A Jayagovind


In this article, Dr. A Jayagovind analyses the impact of the Dunkel Draft Text that the Government of India is confronted with. He begins with the massive internal (socialism to liberalization) and international (internationalism to globalization) shift and the anxieties involved in this transition. However, he is persistent about safeguarding one’s own vital national interests. He says that it is nobody's case that socialism and internationalism have proved to be an absolute success. A remedy to liberalization must be monitored so as to mitigate the systemic rigidity. Furthermore, it is a given that what was good in the fifties and sixties need not hold good in the nineties. India has to reconsider its economic strategy in light of changing circumstances and adopt relevant strategies.



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