The legacy UPA leaves behind is the following: an economy - TopicsExpress



          

The legacy UPA leaves behind is the following: an economy decelerating to under 5 percent growth, an inflation untamed, an exchequer lacking resources for growth, an unmitigated fiscal deficit despite cooked account books, banks in dire straits, jobs in retreat, several industries in a tailspin (aviation, oil, gas, autos, durables, telecom) and, worse, a set of laws that will queer the pitch further for growth (the land and food security legislation). The impending defeat of the UPA is the only bright spot on the horizon, for it seems to be ready to inflict more wounds on an unhealed fisc (a Right to Healthcare Bill is part of the Congress manifesto).
Posted on: Fri, 14 Mar 2014 06:47:19 +0000

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