An anti-reform budget

By any yardstick, UPA 2's performance has been the worst ever for India, and the worst among most comparable countries in the world. It takes a lot of "talent" to do the following: One, increase the inflation rate from 5 to more than 10 per cent in the short space of three years. And to keep it sustained at double-digit levels for four consecutive years. No other country has been able to achieve this feat. Two, decelerate growth by a full 5 percentage points in the short space of two years, 2010-11 to 2012-13.

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