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Economic reforms and social justice in India

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Purpose ‐ The purpose of this paper is to specify some historical and current issue regarding this subject. Like, what has been the relative importance attached to the different aspects of policy; what has been the pace and progress of reform process. Design/methodology/approach ‐ The paper begins with a short discussion of the background of the study and overview of post-independence economic policy. Hence it is a descriptive study that it finds some data from government site. This paper is thought to provide more reliable information about above impacts for policy makers and State and Central Government. Findings ‐ The paper specifically focuses upon economic reforms and social justice in India, issues relating to the progress of economic reforms, need of reforms for human face. More generally, the paper suggests that government should make relatively limited use of key performance Indicators for economic reforms and have high-level participation rates benchmarking for social justice exercises. Research limitations/implications ‐ Some implications are the timing of the various policies and, more importantly, their sequencing and the relative importance attached to the different aspects of policy, in as much as domestic priorities relating to the provision of education, health and employment, globalization of the economy. Practical implications ‐ The paper can help to promote administrative, managerial, and financial support for economic reforms and social justice in India and emphasis the responsibility to the state and central to enlarge reforms opportunities and encourage economic development. Originality/value ‐ Indian Government decides to accelerate the rate of economic growth and to speed up industrialization, to develop heavy industries, to reduce disparities in income and wealth through economic reforms and social justice.

Keywords: Economic planning; Economic reform; India; Social justice; Taxation

Document Type: Research Article

Publication date: 31 July 2009

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