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Kleptocracy is global

In India, analysts and commentators were poring over the contents of the rare speech that Prime Minister Manmohan Singh delivered to the country last week. He had taken tough reform decisions to save India from a crisis that his government had created. Intelligent readers will be able to see through the hollowness of reform claims in this news-item that appeared in The Times of India. The government apparently wishes to help the real estate sector through better terms and more loans from banks.

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