Are you pleased? Indira's populist circus

May 29, 1971 – Indira Gandhi was on a ‘nationalisation’ binge from 1969-1971. The government took over banks, insurance companies and textile mills by the dozen. These series of nationalisations were a big set back to private enterprise in India. Swarajya strongly opposed these moves. In this cartoon Swarajya caricatures Indira Gandhi as trying too hard to please the masses by putting up crazy performances of nationalisation.