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Privatisation Makes Poor Poorer, Rich Richer

In the last three decades, successive governments have rooted for privatisation. However, after 30 years, the poor have become poorer with growth taking a hit in the last few years.

In the last three decades, successive governments have rooted for privatisation. The 1991 'Rao-Manmohan Reforms' were launched with the aim of not only preventing a sovereign default but also increasing economic growth. However, after 30 years, the poor have become poorer with growth taking a hit in the last few years.

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