[World History Archives]

The retrospective history of India

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   The history of India in general

India, a rediscovered imperialist prize
By William Pomeroy, in People's Weekly World, 25 March, 1995. In 1991, the Rao government aligned itself with the national bourgeoisie: partnership with foreign capital to attact new technology, deregulation, reduced constraints on foreign investment.
U.S. Multinational Encounters Resistance in India
By William Pomeroy, in People's Weekly World, 8 July, 1995. Congress Party opened doors to foreign investment in 1991, but as joint ventures to protect Indian control over the economy. The Dabhol contract in Maharashtra (Bombay) does not do this and has inspired nationalist opposition.