India relaxed its laws on foreign investments in 1991 and opened its doors to market liberalization. By the time this programme was made a few years later, India was being referred to as the “sleeping tiger” of Asia, an economy waiting to boom. The middle classes especially had pushed for change, for liberalization, but others warned against the threat of mass consumerism and the loss of cultural identity that financial and commercial globalization might entail. In this programme, the second in a series, we visit India and join the debate.
Produced and presented by Jaldeep Katwala
Broadcast date unknown, ca early 1990’s, RNW tape number B663685.02