Column: What now, UPA?

Ajay Shah
Posted: Thursday, Jul 24, 2008 at 1337 hrs IST
Updated: Thursday, Jul 24, 2008 at 1337 hrs IST

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: by expanding overseas. Mumbai can then turn into an international financial centre. Only then can we know that India’s needs for financial services are being well served.

—The author, a senior fellow at NIPFP, was with the finance ministry and worked on equity markets and pension reform...

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» Economic Reforms

Posted by K.K.Ammannaya on 2008-07-24 19:14:47.463599+05:30
The success of Manamohan Singh led UPA government in trust vote is good for India in many ways.Dr Singh is India's first professional PM and he has no axe to grind in any matter .He is objective,very transparent and inetgrity is a very strong point in his personal character while this is the weakest point in other leaders.Dr Singh has long range economic vision.He was architect of reforms in India.Till Jan 2007 India was doing well on all fronts except farm sector.As left came in the way of performance by stalling all reforms and growth spurring initiatives India lost many oppotunities.Busineess confidence and optimism of the economy declined and growth rate too started to decline.Left is reason for this.Dr.Singh 's statement that he was treated like a bondedlabourer by left indicates his pain.Now Dr Singh must restart all pending reforms and give a big push to the economy along with nuke deal operationalisation.This will bring about great growth and Dr.Singh will create history.

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