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Just say it

There are aspects to this pragmatic-reformist Budget that don’t make sense. Its rhetorical shyness is one such. Yes, the purpose of the Union Budget is to map out the Central government’s plans for revenue and expenditure that require Parliament’s acquiescence; the argument that, thus, the fina ....Read more

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Spot on! By: Shirish | Thursday , 9 Jul '09 0:59:50 AM Reply | Forward The editorial is spot on, and not capitalist media backed as some cynicals would like us to believe. What is neo liberal reforms? It was a term coined by Prakash Karat

Is recession a sign of weakness?By: Natarajan | Wednesday , 8 Jul '09 21:17:47 PM Reply | Forward All major, well developed economies go through period of recession. This is normal, not a sign of weakness. N.Korea is not feeling any pressure of the current recession. Does that mean N.Korea's system is better? Cavemen never had to go through recession either... but their economy consisted of stones and rocks. Let us not diss the western economy. They have accomplished a lot and are having a momentary hiccup. If at all, we should learn from their success and mistakes and incorporate an efficient market economy. We need to unleash the imagination and entrepeneurship of a billion people.

Shekhar GuptaBy: Prasad | Wednesday , 8 Jul '09 18:18:26 PM Reply | Forward Shekhar Gupta seems to be in a tearing hurry to please the congress or its high command. But he should realise that applauding reformers of 1991 means not only applauding MMS but also the crafty and learned then Prime Minister Mr Narsimha Rao. He should get the due credit which he deserves. Why only MMS. MMS was just a cabinet minister in Rao's cabinet. I request Mr Gupta to go slow. Sooner or later he will get some important position because all along he has tried his best to please Sonia and with good efforts.

just say itBy: thikal | Wednesday , 8 Jul '09 18:14:01 PM Reply | Forward Pranab Mookerjee's intention in praising Indira Gandhi was to counter the propaganda of the Left parties that it was they who saved India and Indian banks from collapsing at this time of global recession. In his introductory statements Pranab Mookerjee had said that the Govt was determined to speed up the economic growth and bring it up to the level of 8 to 9%. He might not have announced a slew of disinvestments and reforms, but the intention to accelerate the economic growth was very clear.

BE CAREFULBy: Anand | Wednesday , 8 Jul '09 16:54:59 PM Reply | Forward Those who professed neo liberal reforms during their tenure like the BJP are now licking their wounds. They were taught the right lesson by the electorate. The Congress better learns the right lessons and do not take into such editorials by the Capitalist backed media like the Indian Express.

MMS - the messiah of reforms !!By: K.Suresh | Wednesday , 8 Jul '09 12:14:03 PM Reply | Forward Are you so naive as to expect the ruling dynasty to put MMS at a higher pedestal than Indira Gandhi ?

best possible responseBy: Charan Gill,Patiala | Wednesday , 8 Jul '09 7:27:34 AM Reply | Forward It needs to be understood that with the current worldwide economic recession our civilization has entered anew phase where there is no possibility of sustaining the consumerism which was unnaturally imposed upon the people.India was on the right track under Nehru and Indra Gandhi with their emphasis on national ownership of major natural resources.We were advanced in a way. But every system has its drawbacks which developed in our problems and Manmohan Singh gave the lead in tackling those problems.Having enormous pulls from all around it is no easy task to handle.India's response in these extraordinary times is the best possible one focusing on countering the recession and all should extend help in implementing the regenerative program rising above the narrow partisan opposition.India is going to play a hegemonic role for the solution of global problems if we are able to overcome our divisions .