The neoliberal trap

Print edition : June 14, 2013

Standard & Poor's has, in May, chosen to stay with its lowest-investment grade (BBB-) sovereign rating for India, with a negative outloook, Here, the building in New York of the rating agency, which had earlier this year been charged with fraud by the U.S. Department of Justice. Photo: BRENDAN MCDERMID/REUTERS

Finance Minister P. Chidambaram at a Post-Budget interaction in New Delhi on March 4. Photo: Shanker Chakravarty

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