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The politics of liberalisation in early post‐independence India

Food deregulation in 1947

Bibliographic Data

ID11925414
AuthorsIan Duncan (0000-0003-4774-8254, University of Sussex, corresponding author)
Year1995
Volume33
Issue1
Pages25-45
Publication date1995-03-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Journal of Commonwealth & Comparative Politics (JOURNAL)
Journal identifiersISSN: 0306-3631
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/14662049508447694
OpenAlexW2014128470
LanguageEN
Citations received2
References cited9

INTRODUCTION Interest in the ways in which the role of state intervention and regulation relates to economic performance in the countries of the south has grown enormously in the last decade as the potential and actual impact of measures of economic liberalisation have received more attention. Much interest has been devoted to India where the faltering attempts at liberalisatio n by the Rajiv Gandhi government in the mid-1980s produced few concrete results but prepared the way for the more comprehensive measures now being introduced. India had possessed one of the most regulated economies in the non-communist world and had been seen as a model of an import-substitution strategy of development. The political hegemony of the Congress under Nehru had established the framework of planning and regulation as an orthodoxy which was challenged by few. Yet the early years of independence had seen an intense political debate about the role of controls and planning in the economy and nowhere was this debate joined with more vigour than in the area of regulation of the supply and distribution of food. The first major economic policy decision taken by the Indian government after independence was the abolition of most of the system of regulation and control of the foodgrain market which had been developed during the course of the Second World War. In late 1947 the government began to dismantle the machinery of state intervention in the commodities markets and by far the most important and farreaching aspect of this policy of liberalisatio n was the ending of the various measures of state regulation of the pricing and marketing of foodgrains. In December 1947 it was announced that controls on foodgrains were to be lifted and that the private domestic market, subject to some residual controls, was to be restored. The decision was a

Deregulation · Development economics · Economic interventionism · Economic policy · Economics · Economy · Government (linguistics · Hegemony · Independence (probability theory · Intervention (counseling · Liberalization · Market economy · Political economy · Political science · Politics · State (computer science · Agricultural Economics and Practices · Indian Economic and Social Development · Law · Social and Economic Development in India

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    Rakesh Ankit•Contemporary South Asia•2020

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Unique citing works2
Citations per year0.17
Citation span2014 - 2020 (7)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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