For capitalism to enter you also need to deregulate our entire economy. Like TRAI chief can be MP was one of the early changes. And who are MPs in our country is well known. Self-regulation is just another nice name for no-regulation. The signs of that is seen how media behaves just around delhi, bombay and the khans. As if the other parts of the country dont exists at all. Everyone of us is a millionare and they have coughs.
Self regulation has been setup for all industries and mines too. So they will nicely do better than govt could force them to do. If you were shocked that UPA appointed Moili as Environment and Mining Minister (LOL), now they have complete made the environment minister into a toothless useless ministry.
There other things will also come up soon, like insurance policies getting weaker regulations, for instance there was higher FDI in insurance announced recently.
Then you will see even worse govt healthcare set up on purpose cause only good healthcare will be in Private hospitals.
Then education quality will be even more destroyed till only private colleges will be the single source of education.
Regulations over agriculture will also be destroyed so GMO foods which make millions of dollars for Bayer, etc will spread all over India as compulsory seeds.
Where is the money to pay fees of this Air conditioned first class hospitals and schools? Where do the children of laborers, villagers and bus drivers go to study? Do the people who wash our cars daily deserve less? Do you think its their choice? Do they even have a choice?
Earlier developed countries looked like everything was better than India. But what I noticed is for capitalism, common people have no place. Either you start your career as a slave with a huge loan to pay for the next decade or just go to hopeless living conditions cause you could not learn anything important in govt schools.
I hope I am totally wrong.