The evil that men do...

Given the dramatic collapse in the economy over the last four quarters especially—on almost any parameter you can think of, from growth to fresh investments to the current account deficit—it is natural to dismiss the UPA’s ninth birthday tomorrow as just another forgettable milestone. And to a large extent it has been nothing but that, given that once the global growth impetus disappeared—and perhaps the impact of the reforms in the NDA and UPA-1 years—India’s growth also petered out.

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