UPA vs NDA
This refers to P Chidambaram’s “Will someone please read the tea leaves?” (August 23). It was highly disappointing to go through his one-sided story highlighting the “abject failure” of PM Narendra Modi on the economic front. He seems to have taken a lot of trouble to prepare an exhaustive list of the several key national issues which PM Modi has failed to speak on during his 90-minute speech this Independence Day. Though Chidambaram chose to ignore to comment upon the other enlisted issues in his write-up, he has categorically deliberated upon on one topic only, i.e., economy, which concerns him the most. Ironically, he casts aspersions on the abilities of PM Modi when his boss in the UPA government, Dr. Manmohan Singh, an eminent economist, failed to work much magic during the Congress-led UPA-I & II regime for a full decade? Further, Chidambaram quotes data on various other economic indicators like credit growth, corporate profits, private sector, exports status, inflationary situation, public investment and employment generation in his attempt to paint a negative picture of the NDA government. One, however, wishes that he had also simultaneously presented the UPA government’s “score card” (on a year-on-year basis), and commented on the state of affairs it left behind for the NDA government. This would have reasonably facilitated an ‘impartial’ assessment of the existing economic situation. As regards, the expected decline in India’s GDP’s growth rate, it may be mentioned that it must be ‘evaluated’ in the context of the conditions prevailing globally. Lastly, he questions his Modi’s “one-way communication”. Can he enumerate the number of occasions we heard P V Narasimha Rao and Manmohan Singh—two famous mauni babas (silent monks)—spoke on similar issues?
SK Gupta, Delhi
Please send your letters to:
The Editor,The Financial Express, B1/B, Sector – 10,
Noida – 201301. Distt: Gautam Budh Nagar (U.P.).
or e-mail at: firstname.lastname@example.org or fax at