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<b>Letters:</b> UPA: Counting on a miracle?

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Business Standard New Delhi
Last Updated : Jan 21 2013 | 4:10 AM IST

This refers to the edit “The anti-reform Congress” (May 14). There’s no doubt that the euro-zone crisis and the weakening rupee have contributed towards slowing growth. However, the government cannot wash its hands of its task to bring the economy back on track. One wonders why we have an experienced economist at the helm of affairs when he can’t implement a single measure to stop the growth rate from declining. The government can blame Mamata Banerjee for thwarting its efforts to introduce reforms in the retail sector and the new Land Acquisition Bill. But who can it blame for the delay in the passage of the Insurance Bill? Your edit rightly concludes that the government will continue to flounder till Congress’ leaders develop a sense of urgency and recall their commitment to reform. For now, the party seems in no mood for doing so. Perhaps it is expecting a miracle in the 2014 general elections.

Bal Govind, Noida

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First Published: May 15 2012 | 12:47 AM IST

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