Rot stems from ill-conceived coal nationalization plan

October 20, 2013 13:14

It is curious that the Hindalco chairman was named after Mohan Kumaramangalam, the charismatic Communist-turned-Congressman who presided over coal nationalization and other socialist excesses. Today, to take liberties with Karl Marx, the fawning of an earlier generation must be weighing "like a nightmare on the brains of the living."

Read the full Swapan Dasgupta blog on Times of India

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