Behind the 'positive' data

Economists Maitreesh Ghatak, Parikshit Ghosh, and Ashok Kotwal ("Growth in the Time of UPA: Myths and Reality", Economic & Political Weekly, April 19, 2014) have recently argued that, contrary to popular perception, the United Progressive Alliance (UPA)'s record on economic performance has been rather good, and, pointedly, better than that of the National Democratic Alliance (NDA).

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