Tag: India: The Story of Independent

NOVANEWS The Story of Independent India: Capitalist Accumulation Grapples with Semi Feudal Dis-Accumulation. Book Review Nasir Tyabji Chirashree Das Gupta State and Capital in Independent India: Institutions and Accumulation (Delhi, Cambridge University Press: 2016) hb. pp. xiii+315. Rs. 795 Chirashree Das Gupta’s book can be read at two levels: firstly, as an account of India’s industrial growth experience from the time of independence to the 1980s; and secondly (and to this reader, and hopefully to readers of RD, more profitably) as an examination of the features of the capital accumulation process that led the country to be what it was, at the beginning of the neo liberal phase, starting with Indira Gandhi’s return to power in 1980. Colloquially put, while in the first phase the s...