While liberalization brought new ideas of global finance and free markets, it nudged India to the brink of an ecological crisis
In hindsight, India’s tryst with liberalization came only a few years after a pivotal but increasingly forgotten moment in the world’s environmental history, the Bhopal Gas Tragedy of 1984. Globally, every country introspected and examined, and reformed its policies and policing to avert such a tragedy. India, while burying its dead, did the opposite. It developed a feeble framework to protect ecology and people; environment remained a mutable variable of India’s economic policy, appended to its corporate growth.