Word: bhalla
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Dates: during 1980-1989
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...promoting vast poverty relief and local rule schemes. Still, Gandhi's advisers say that if the Prime Minister is returned to power, he will push forward with deregulation and other reforms. If Gandhi is defeated, his successor may have little choice but to do the same. Says Surjit Bhalla, an economist with the Policy Group, a New Delhi think tank: "After what has happened in the past five years in the global economy, Indian policymakers have finally realized that socialism has failed to deliver the goods...