Monday, April 27, 2009

FT lays into Congress with unusual gusto

http://www.ft.com/cms/s/0/c8524754-29f4-11de-9d01-00144feabdc0.html

The government has squandered the boom years, left the country more vulnerable to malign global economic conditions and compromised prospects for a healthy recovery. But Manmohan Singh and his “dream team” have been given an easy ride: they have escaped blame, especially outside India. The conventional excuse is that their hands are tied by Sonia Gandhi and her Congress coterie, and by coalition politics.

This explanation just does not wash. Mr Singh has impeccable academic credentials and is by all accounts incorruptible. He deserves credit for his performance as finance minister in the 1990s – although credit should also go to Narasimha Rao, then prime minister, who took the tough decisions.

But Mr Singh has proved a hopeless decision-maker as prime minister. Sadly, he proves the rule that academics should generally be “on tap” but not “on top”.


What gives this sudden change of heart?

1 comment:

san said...

You're right, it's a strange turnabout in their previously anti-India stance. I dunno - staff change? I'm not one to look a gifthorse in the mouth, but I'd like to know why too.