A step away from privatization in India?

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The new Indian Economy blog complains that the government is stepping away from much-needed privatization of public-sector undertakings:

A lot of us had immense hope that Manmohan Singh and Chidambaram, the architects of India’s reforms in 1991, limited as they were, would accelerate the pace of liberalisation. Instead, as our ‘reformers’ tango apathetically with the Left, the pace has actually slowed. What a pity.

Hat-tip to EconLog; we'll keep an eye on the blog.

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