Rajeev Deshpande has (The times of India on March 3, 2013) reported that under pressure to energize the economy ahead of the 2014 election, the Manmohan Singh Government is reaching across political divides to rescue mining projects in opposition- ruled states of Goa, Odisha and Karnataka.
India is heading straight for economic failure post-Chidambaram’s budget as a direct result of the lack of meaningful economic reform, says the heritage foundation, an important conservative think tank in the US, Asserting "Finance minister, P.chidambaram’s budget" Derek Scissors of the Washington- based organization said that “leaves India on the same, failing course it’s been of undisciplined spending and unrealistic expectations”.
“Without sustained reform process, which will take considerable time, India will not return to the days of fast growth”.
It is indeed a tough task to provide leadership with vigour and skill for a meaningful growth rate based on the economic reforms at this juncture.
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