Needless misgivings about reforms

The UPA-II government has finally summoned the courage to move ahead with the economic reforms process. One could term it as “better late than never” or “too little too late”, depending on what further steps will follow. The reasons to push now at this late stage could be many — such as the approach of elections, the deteriorating economic situation, and the non-functioning of Parliament. Though three years have been lost, much ground can still be recovered.

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