Is India still a socialist country?

A liberalized economy, 8% growth and a flux of foreign investors - This is India in the 21st century! But the judiciary says we are socialists, are we?
I don't think so.
Ratan Tata, Aditya Birla, L.N Mittal, Ambani brothers, Nandan Nilekani – I am not taking these names to glorify their success but rather to glorify the sole cause of their success that is Pro- Capitalism. If India is still socialist, we should delete these five chapters and numerous others from the pages of history and then face where India stands.
June 2010 the Supreme Court took a decision against a petition filed to dismiss the word “socialist” from the preamble, explaining that no political party has opposed to it. This exposes a profound paradox as the preamble is also for the citizens and “socialism” no longer holds relevance after the economic reforms.
In 1976, the preamble to the Constitution was amended to make India a "sovereign, secular, socialist, democratic republic". Thirty five years later, a new generation of Indians, wants to undo that historic mistake. So what causes the hindrance? I would say India’s long enduring hypocrisy.
You turn any corner, and you will meet someone who wants to start some private business or the other: a photocopying shop, a STD booth, a local agency for Dabur, Godrej or Hindustan Unilever, automobile spare parts — the list is endless. But who cares, we are still socialists!
To open some blind folded eyes and awaken the ignorant youth of our country, let me start from the basics –
What is socialism? It is a political economic theory advocating state ownership and control of means of production, distribution and exchange. Sounds ironic when India tries to relate itself with such a clause, isn’t it?
According to Marxist theory, socialism is the stage following capitalism in the transition of society to communism, characterized by the imperfect implementation of the collectivist principles.
Goldman Sachs predicted that by 2018 India will reach a double digit growth rate and we are proud of it! But if you believe this growth percent is achievable due to our robust and technologically advanced state owned enterprises, dear authorities I believe you are asleep, as going by the present scenario, this can happen only in dreams!
It is close to two decades since India veered away from ‘socialism’ to loosen the states grip over the economy and to create bigger play for market forces, but political parties must continue to declare allegiance to socialism to get recognition. How pretentious can the so called independent judiciary of India be? In this liberalization era, it is dichotomy to force political parties to commit to socialism, an ideology they hardly believe in.
Fact – Tertiary services account for 55% of the GDP, much of it in the private sector!
Fact – Industry accounts for 28 % of GDP. Some two –thirds of it purely private!
Fact – Three quarters of our GDP is tuned to capitalism!
Contrary to what the CPI, CPI(M) and some ‘don’t confuse me with facts’ professors tell you, India is awash with capitalism!
Socialism makes the rich poor and not the poor rich and hence pseudo-reduces the gap between the have and have-nots, which unfortunately also has been unsuccessful in India. It leads to super sloth growth, astounding inefficiency, corrupt bureaucracy and complete complacency. And India has witnessed it in the 1970s when industries were subjected to such onerous regulation that innovation came to a near standstill and growth stunted to a mere 2%.
Almost all the major countries of the world, which had incorporated "socialism" as the only political ideology of the state, had turned into one party, dictatorship. It has proved itself to be a disaster wherever and in whatever name practiced. Remember the USSR? East Germany? Bulgaria? Romania? Albania? Socialism has had its innings in the west as well as in the east, and failed! This could not be the goal of our country - the world’s largest and most vibrant multiparty democracy.
The Congress spokesperson Abhishek Manu Singhvi said that “Socialism is an inherent part of Indian constitution” No Sir, I refuse to buy that. Dr. B.R Ambedkar was against the insertion if the word “socialist” in the preamble. It was added later in 42nd amendment act. It is against the original intent of the founding fathers.
Democracy gives the people the freedom to choose the nature of social organization of the state under which they want to live, and change that order if they deem necessary. So it is unconstitutional to tie the future generations to only one particular type of social organization - socialism.
A time comes for every generation when they have to face test of history. Sixty years after India gained its Independence from British colonial rule, We the People, have to decide, whether we want to be in the dustbin of history by continuing to align ourselves with a failed political ideology, or be shown to be hypocrite declaring a principle, and then rejecting it in practice. Or do we the People have the freedom to chart our own destiny in the democratic miracle that is India. Today, we need to judge our past, so that we can come out with our heads held high, when the future generations sit on judgment over us.