and part of the plan of destroying small farmers comes from the IMF, countries that agree to IMF loans
have to sign agreements which result in destruction to independent farming and businesses.
India is a victim of IMF conditions, called "structural adjustment programs"
( appropriately called "SAP".)
The series of policy measures launched by the Indian government are part of structural adjustment program in India. Government has taken up following measures to implement SAP :
* Devaluation of rupee by 23%.
* New Industrial Policy allowing more foreign investments.
* Opening up more areas for private domestic and foreign investment.
* Part disinvestment of government equity in profitable public sector enterprises.
* Sick public sector units to be closed down.
* Reforms of the financial sector by allowing in private banks.
* Liberal import and export policy.
* Cuts in social sector spending to reduce fiscal deficit.
* Amendments to the existing laws and regulations to support reforms.
* Market-friendly approach and less government intervention.
* Liberalization of the banking system.
* Tax reforms leading to greater share of indirect taxes.
http://www.ieo.org/world-c10-p1.html