Munich Personal RePEc Archive

India has achieved creditable growth - letter to the Financial Times editor

Sen, Abhijit and Singh, Ajit (2012): India has achieved creditable growth - letter to the Financial Times editor. Published in: Letter : Financial Times (20. June 2012)

[img]
Preview
PDF
MPRA_paper_53041.pdf

Download (410kB) | Preview

Abstract

The FT editorial on 27th May 2012 about India and Prime Minister Dr. Manmohan Singh is unhelpful and seriously misleading. It suggests that the Government is wholly responsible for the fall in India’s growth rate, for the collapse of the exchange rate of the rupee and for the fall in exports despite the considerable devaluation of the rupee. It holds the PM responsible for all these failings and regards him as a do-nothing leader. This is in our view a one-sided and misleading analysis on what is going on in the Indian economy.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.