In black and white
India, Feb. 10 -- As promised, the Modi Government is out with a White Paper on the fiscal mismanagement in the UPA era, labelling it a "lost decade". It points to various policy lapses, including economic imprudence, red tape and sluggish reforms, which purportedly stunted economic growth and left a legacy of unresolved structural challenges. With statistical analyses and historical comparisons, the paper paints a picture of the contrast between the perceived stagnation under the UPA rule and the strides made under the current administration. Indeed, the incumbent Government has done well on many counts. The Modi Government's economic achievements include significant reforms such as the implementation of GST, initiatives to improve ease ...
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