Liberalization was around August I believe so the crisis you linked wasn't a direct result of the liberalization. Its evils took a while to accumulate, but I know family members whose former prosperous factory cities have become ghost towns due to deindustrialization after the License Raj ended.
Liberalization was around August I believe so the crisis you linked wasn't a direct result of the liberalization. Its evils took a while to accumulate, but I know family members whose former prosperous factory cities have become ghost towns due to deindustrialization after the License Raj ended.