Tuesday, 25 September 2012

Good economics & bad politics

Reforms and progressive economic policies are mostly unpopular but necessary. To implement it, parties have to move away from populism and face criticism. Opposition parties use it as a tool to attack the government in power.

While Yashwant Sinha, LK Advani and others are critical of the Congress government, there is a glimmer of clarity from BJP stalwarts and former minister Arun Shourie and BC Kanduri praising Prime Minister Manmohan Singh’s recent economic reforms and policies. Sometimes exhibition of statesmanship and keeping the good of the country as utmost and above petty politics provide an impetus to growth. But good economics is not necessarily good politics!

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