India opened its eyes after Independence to a concept Jawahar Lalal Nehru was promoting. Socialism. It came to be known as Nehruvian Socialism. Till 1991 India was burdenend under the yoke of Nehruvian Socialism. It was an era of Ispector Raj, Licence Raj and import of American Wheat of low quality under PL480. There was progress no devepment to speak off. PSUs were over staffed just to hide un-employment figures. No profit was being made from them. Onl in 1991 when Narsimha Rao became PM and Man Mohan Singh was his FM things began to change. Man Mohan Singh persuaded PV Narsimha Rao that Nehruvian Socialism is not going to deliver, and the eminent economist convinced the PM that an open and free market policy was what India needed the most. Today whatever progress and develoipment you see around you is due to this drastic change in the policy. Now you can decide whether socialism was not the root cause of all the ills that India had to bear due to "Nehruvian Socialism".