Contradictions, Negotiations and Reform
Ritanjan Das and
Journal of South Asian Development, 2015, vol. 10, issue 2, 199-229
This article provides a historical perspective on a rather unique chapter in the era of economic reforms in Indiaâ€”the case of the state of West Bengal. In 1991, the Government of India began to pursue a policy of economic liberalization, causing serious political challenges for the Communist Party of India-Marxist (CPIM)-led Left Front coalition in West Bengal. Historically, the CPIM had strongly opposed economic reforms, but was compelled to undertake a policy â€˜transitionâ€™ owing to the stagnating economy of the state. The transition, and the motivations behind it, was a topic debated oftenâ€”especially once the party started courting private investment, pushed for large-scale industrialization, and eventually suffered a historic defeat in 2011 after 33 years in powerâ€”but rarely has a coherent historical narrative of what caused the transition been brought to the forefront. This article attempts to address that gap by examining the following question: what were the local political conditions that compelled the CPIM/Left Front take upon itself the task of engineering such a transition? While acknowledging the larger forces of globalization and Indian federalism, the analysis focuses on the rarely discussed local socio-economic priorities in West Bengal, and constructs a dual narrative of instrumental and politicalâ€“ideological arguments.
Keywords: India; West Bengal; Left Front; CPIM; industrial policy; Jyoti Basu (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:soudev:v:10:y:2015:i:2:p:199-229
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