Monsoon lessons for Govt & Opposition

Though the plethora of developmentwallahs, and not just in Sonia Gandhi’s National Advisory Council (NAC), won’t admit it, the last few years have been the best of their lives. Thanks to an unprecedented surge in the economy—growth rates rose from an average of 2.4% in the 1980-81 to 1993-94 period to a whopping 6.91% in the 2003-04 to 2009-10 period—there has been an equally sharp boom in development expenditures.

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