UPA-II’s biggest folly: An avoidable slowdown

A 4.9 per cent estimated GDP growth for this fiscal, on top of 4.5 per cent in 2012-13, makes for a disappointing end to the United Progressive Alliance’s (UPA) 10 years at the Centre. The last time the Indian economy did so badly was during the three years from 2000-01 to 2002-03, which registered an average 4.5 per cent growth. But that period — when the National Democratic Alliance (NDA) was in power — was attended by lower inflation, mitigating the aam aadmi’s misery.

Read Full Story>>