The three governments of that decade - the Congress, the United Front, and the National Democratic Alliance - went along because whatever the RBI did had no impact on votes
The promises of netas and babus and new laws, however well-meaning, mean little. What matters is implementation on the ground
Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.
While criticising the fiscal deficit target in the FRBM Act, the commentariat ignores the fact that the legislation also stipulated a stiffer revenue deficit target
The frequency in technological change calls for greater market alertness and the younger generation can play a vital role in this regard
The country's social and economic policy should be a judicious mix of both high rate of economic growth and a strong focus on containing economic equalities Singh said