Singh, the king who failed

When Manmohan Singh assumed office in 2004, there was a sigh of relief, as the Congress had chosen an economist with a reputation of impeccable personal integrity to lead the Government. He took over at a time when policies of economic liberalisation initiated by Prime Minister Narasimha Rao had set the country on course of high growth. The preceding NDA years had been marked by prudent fiscal management and a process of defence modernisation was underway to deal with challenges from Pakistan...

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