Fifteen years of Sonia: A polity in despair, a country in rot

This is the second, and final, part of an evaluation of 15 years of Sonia Gandhi's leadership of the Congress party. The first part appeared last week ('Evaluating Sonia, the black box leader', IE, March 23) and dealt with the political aspects — this article deals with her economic leadership. As we all know, an economic disaster has struck India for the last three years. A halving of GDP growth, a doubling of inflation rates, a 20 per cent depreciation of the rupee, and record current account deficits (latest, 6.7 per cent of GDP)...

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