Calling the policy being implemented by the capitalist governments during the last three decades, especially after the collapse of the USSR, is usually called the neo-liberal policy. India is following the same policy. It is neither liberal nor new. It is a misleading name to misguide the people.
It is really a Corporate centred, reactionary, anti-people and anti-worker policy. It can not be called ‘Neo-liberal policy’. It is only liberal to the capitalists, the ruling class and the corporates.