Monday, July 22, 2013

RBI Governor’s prescription: Indians deserve the whip

...............On 19 July, Manmohan Singh went before television cameras for what must be the 400th time to claim that he was on the cusp of taking measures which would stimulate growth. Hopefully, the experience of the country will be different from that of the other 399 times, when growth fell soon after the PM promised to boost it. Given that it was Manmohan Singh who gave an extension of tenure to a wrecker of economic growth of the stamp of Subbarao, few will be holding their breath for the economy to turn around..............

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