Bangalore: The world’s most prestigious financial journal has debunked the Manmohan Singh Govt.’s false claims of India’s “soaring economy”.
The London Economist (June 9, 2007), which always supports India’s Brahminical rulers, in an Editorial, however, has called the bluffs of its Chettiar Finance Minister and its equally bogus Planning Commission chief.
It says: “the Economist remains unconvinced” of India’s tall claims:
In the longer run India’s ability to grow faster depends on it unblocking its infamous infrastructure bottlenecks, notably its lousy roads, ports and power. The increase in electricity capacity over the past five years was only 57% of its targeted level, so power cuts have worsened. Skills shortages will be eased only by improving education and reforming India’s rigid labour laws. This will all take time. Meanwhile, India will have to accept slower growth to keep inflation in check. How can India jump to “frill ion dollar economy” keeping over 90% of its population in mental prison? Alas, we have no media to expose the rulers except the Dalit Voice.
