Neo-liberal reforms

In 1981, India’s government under Indira Gandhi approached the IMF for a loan. The conditionalities that were part of the loan set the stage for decades of ‘reform’ which would lead to a massive rise in inequality

The International Monetary Fund has a long history of insisting on loan conditionalities which are harmful to public services. This practice did not change even during the pandemic, with African countries being some of the worst affected