Despite good showing in terms of high GDP
“Evaluate the status of the country and the common man while analysing the impact of economic reforms in the past two decades, and it will give rise to a valid question as to whether the economic reforms should be continued or not,” Pondicherry University Pro-Chancellor M. Ramadass said.
Speaking at a seminar on ‘20 years of economics reforms in India - achievements and challenges’ at Gandhigram Rural Institute near here on Thursday, he said the economic reforms of the past 20 years should have benefited all sections of the society, but they did not. Despite the country’s good showing in terms of high GDP and steady increase in per capita income, unemployment, inequalities and regional imbalances were still persisting, he added.
Listing the issues confronting the common man in the spheres of education, employment and development, he said the poorest and the weakest of the nation should be taken care of.