India has achieved creditable growth - letter to the Financial Times editor

Abhijit Sen and Ajit Singh

MPRA Paper from University Library of Munich, Germany

Abstract: The FT editorial on 27th May 2012 about India and Prime Minister Dr. Manmohan Singh is unhelpful and seriously misleading. It suggests that the Government is wholly responsible for the fall in India’s growth rate, for the collapse of the exchange rate of the rupee and for the fall in exports despite the considerable devaluation of the rupee. It holds the PM responsible for all these failings and regards him as a do-nothing leader. This is in our view a one-sided and misleading analysis on what is going on in the Indian economy.

Keywords: India; Economic growth and downslide; rupee devaluation (search for similar items in EconPapers)
JEL-codes: E0 (search for similar items in EconPapers)
Date: 2012-06-01
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Citations: View citations in EconPapers (1)

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