With reference to T N Ninan’s piece, “Failure in the good times” (September 23), some countries face much more difficult times than India, which is in the throes of a decline in economic growth. Venezuela is a recent example.
Decline in economic growth, one hopes, is reversible. The reason being cited for the slump is lack of action by the previous government as well as the current one, as Ninan’s piece notes.
Lack of transparency is an area where both the governments have failed. Except for a few big infrastructure non-performing assets (NPA), seeds for the others were
Decline in economic growth, one hopes, is reversible. The reason being cited for the slump is lack of action by the previous government as well as the current one, as Ninan’s piece notes.
Lack of transparency is an area where both the governments have failed. Except for a few big infrastructure non-performing assets (NPA), seeds for the others were
