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Economic Liberalization in 1991 and Its Impact on Elementary Education in India

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  • S. Venkatanarayanan

Abstract

The basic foundation of policy making had undergone profound shifts over the past two decades as the policy makers are inclined to rely heavily on the exercise of power in their pursuit of development and prosperity. Government interventionism was subject to a strong intellectual and political backlash, and a new ideological movement seeking to redefine the role of government rose to take its place. This new political–economic liberalism insisted on the removal of governments’ grip over the economy and the introduction of open competition into economic life. Thus, the market emerged as the central actor governing economic activity during the 1990s, and the ethos of neoliberalism progressively entrenched itself into law and public institutions in India. This change in “policy paradigms†implies a substantial reorganization of domestic political economies for an efficient governance of political and economic institutions in a longer run. This article attempts to look at the changes in “policy paradigms†that happened after 1990 in the domain of educational governance in India. Along with the policy changes, there happened a watershed in constitutional rights, making right to education a fundamental right of every citizen. This article further inquires how far the state has endeavored to fulfill its objective of providing quality education for all children within these economic and political changes. Indian states’ financial obligation toward elementary education and the policy directions during the period after 1990 were thoroughly analyzed to find out the commitment of state in providing universal elementary education of good quality in India.

Suggested Citation

  • S. Venkatanarayanan, 2015. "Economic Liberalization in 1991 and Its Impact on Elementary Education in India," SAGE Open, , vol. 5(2), pages 21582440155, May.
  • Handle: RePEc:sae:sagope:v:5:y:2015:i:2:p:2158244015579517
    DOI: 10.1177/2158244015579517
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    1. Cornia, Giovanni Andrea & Jolly, Richard & Stewart, Frances (ed.), 1987. "Adjustment with a Human Face: Volume 1, Protecting the Vulnerable and Promoting Growth," OUP Catalogue, Oxford University Press, number 9780198286097.
    2. Geeta Gandhi Kingdon, 2007. "The progress of school education in India," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 23(2), pages 168-195, Summer.
    3. A. M. Nalla Gounden, 1967. "Investment in Education in India," Journal of Human Resources, University of Wisconsin Press, vol. 2(3), pages 347-358.
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    Cited by:

    1. Rajesh Barik & Sanjaya Kumar Lenka, 2022. "Demand-Side and Supply-Side Determinants of Financial Inclusion in Indian States: Evidence from Post-Liberalization Period," Emerging Economy Studies, International Management Institute, vol. 8(1), pages 7-25, May.
    2. Sandeep Sharma & Dora Marinova & Diana Bogueva, 2020. "Transitioning to Better Primary Education: The Role of an Expatriate Organisation in India," Sustainability, MDPI, vol. 12(16), pages 1-21, August.

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