The post-GATT liberalisation era has come to India not only with its enchanting platter of economic efficiency, technological treasure trough and fairy-tale promises of 'globalisation' but it has also raised some significant questions regarding its viability altogether. For, socialism is passe and market mechanism has suitably failed, according to some. Now, it is the swadeshi approach that can herald a cultural and economic renaissance in India... But again, this benign concept of swadeshi needs to be amply redefined to be used effectively to flush out that opium called foreign capital and its attendant miseries from the Indian body politic. Then of course, there is the cautious expert who observes that the success of foreign investment lies in negotiating a deal better than Enron