Global Order and the New Economic Policy in India: The (Post)colonial Formation of the Small-Scale Sector
Abstract
This chapter seeks to demonstrate, by way of a dissection of the New Economic Policy (NEP), why this policy paradigm should be viewed as a tool for securing the (post)colonial hegemony of capital over the small-scale sector. The connecting thread of our arguments are: the place and role of the small-scale sector in the Indian economy, the relation of NEP with this sector and how and why this relationship is to be seen as a case of postcolonial hegemony.
Fields of Study & Subjects
Indian Economic and Social Development
Political Economy and Marxism
Colonial History and Postcolonial Studies
Publication details
- Journal / source
- Rethinking Marxism
- Pages
- 287–312
- Publication date
- 19 January 2026
- Language
- EN
- Document type
- Book chapter