The UPA revels in the growth story and is unwilling to buck it — 650 million telephone subscribers by 2012, market capitalisation at 91.5 per cent of GDP, tax/GDP ratio of 11.2 per cent, all this sounds good — in the sense of actually reversing reforms. But it won’t push for liberalisation. The highway beckons, but the car is of an old model. The Survey seems to have no problems with this.
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