Liberalism in India

Originally published in Econ Journal Watch

The authors give an overview of classical liberal ideas and their proponents in India over the last century.

The authors give an overview of classical liberal ideas and their proponents in India over the last century. The liberal movement in India, especially during the postcolonial era, was defined by the socialist ideas it opposed. The authors detail the different stages of central planning in India and the liberal opposition to the planning apparatus. The liberal movement consisted of three components. First, dissent from the ideology of planning emanated from the halls of academia. This dissent was led in the 1950s almost singlehandedly by B. R. Shenoy, who was followed in later decades by other expatriate academics. Second, there has been an anti-planning movement in politics and civil society. And third, liberal voices have emerged recently in the media.

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