The following booklet titled “Market – Oriented Economy For Growth With Social Justice” authored by Dr. P.R. Brahmananda commences by highlighting the disequilibrating forces which prevailed in India in the form of extremist movements and symbols leading to inter-group clashes and the loss of lives and property. While several mechanisms in the form of the Planning Commission and the creation of linguistic bases of states were provisions aimed at recognising the diversity of India’s cultural ethos while promoting national goals of economic development, the author believes that such expectations have not been fulfilled yet. Instruments of force were being utilised to silence dissent while national objectives were giving way to partisan interests for increasing political shares of parties. This has led to the hegemonization of national and economic interests by particular “aggressive coalitions”. Narrow objectives defining vote shares were thus taking precedence over broader goals of economic growth and poverty eradication. Free economic institutions continue to be shackled under state control while fragmented and minimal programmes took root.
The author thus believes that the functioning of economic institutions has to be separated from the political spheres to allow autonomous forces to assert themselves. While macro economic planning remains a necessity, the domain of the state has to be reduced by removing educational and social welfare functions as well.