Friday, April 03, 2009
Manmohan Singh
Manmohan Singh is the strongest Prime Minister the country has ever had, according to some commentators.
The Manmohan Singh government has completed five years in office -- A significant achievement, considering the diverse interests and visions of allies of the UPA government. Despite being primarily a bureaucrat and economist, not a politician, he has succeeded in keeping the party and alliance intact, and in giving the nation a stable government.
The hope of the world. Manmohan Singh is called the ‘Father of Indian Reforms’ thanks to his efforts as Finance Minister in the P V Narasimha Rao government in the 1990s. As Prime Minister, he went ahead with fiscal reforms like rationalising the tax system. The steps his government has taken to arrest the economic slowdown are showing positive results.
Now, all nations hope that India can help boost the ailing global economy. Manmohan Singh has to come back to power if the momentum of economic revival must continue.
IMO: A lot of sense in that view. Unlike Gordon Brown, Singh really does understand economics and with a potential current Indian growth rate of at least 4% and possibly much more, weight of numbers means that, allowing for no war caused by Pakistan, India in a true and internationally beneficial sense, can have enormous expansion. But India does need a true post-industrial economy - I do not mean that in the weak sense of Bell - or if to say that is confusing, it could be called a post-post-industrial economy. I do not want to speculate off the cuff what this may involve, but certainly global warming and the power of the oligarchies are two problems. But to begin with, University expansion, perhaps another 1500 Universities soon, is an important step which people are trying to start with. And of course, the important work of Mamata Banerjee, whose Trinamool Congress is now allied with Manmohan Singh's party, gives a clue as to proceedings on the oligarchy matter.
The Manmohan Singh government has completed five years in office -- A significant achievement, considering the diverse interests and visions of allies of the UPA government. Despite being primarily a bureaucrat and economist, not a politician, he has succeeded in keeping the party and alliance intact, and in giving the nation a stable government.
The hope of the world. Manmohan Singh is called the ‘Father of Indian Reforms’ thanks to his efforts as Finance Minister in the P V Narasimha Rao government in the 1990s. As Prime Minister, he went ahead with fiscal reforms like rationalising the tax system. The steps his government has taken to arrest the economic slowdown are showing positive results.
Now, all nations hope that India can help boost the ailing global economy. Manmohan Singh has to come back to power if the momentum of economic revival must continue.
IMO: A lot of sense in that view. Unlike Gordon Brown, Singh really does understand economics and with a potential current Indian growth rate of at least 4% and possibly much more, weight of numbers means that, allowing for no war caused by Pakistan, India in a true and internationally beneficial sense, can have enormous expansion. But India does need a true post-industrial economy - I do not mean that in the weak sense of Bell - or if to say that is confusing, it could be called a post-post-industrial economy. I do not want to speculate off the cuff what this may involve, but certainly global warming and the power of the oligarchies are two problems. But to begin with, University expansion, perhaps another 1500 Universities soon, is an important step which people are trying to start with. And of course, the important work of Mamata Banerjee, whose Trinamool Congress is now allied with Manmohan Singh's party, gives a clue as to proceedings on the oligarchy matter.
# posted by uv : 9:04 AM
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