Cesspool of Nehruvian politics and economics

The impending general election for the 16th Lok Sabha will lead to the final goodbye for the kind of Nehruvian Socialist model of development which has refused to let India live up to its potential. The two exceptions to the sorry narrative of minimum growth, rampant inflation and dashed aspirations were the terms of PV Narasimha Rao and Atal Bihari Vajpayee, both of whom went in for bold structural and market-friendly reforms. Both regimes have had the greatest impact on the economic development of India.

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