UPA-II SEEKS RENEWED MANDATE ON A POORER RECORD
ELECTORAL COMPULSIONS TO LIMIT THE REFORM AGENDA
2013-05-31 07:20
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UPA-II’s performance, somewhat negative overall, had not matched the promises it had made in 2009 though the electoral arithmetic then worked in its favour, significantly boosting the Congress, which characteristically lost itself in complacency in due course. No doubt, the Congress-led UPA had immediately to contend with a global downturn in the wake of the worst financial crisis in 2008 since the Great Depression, and stimulate the economy, as other emerging markets did as well, inevitably generating medium-term budgetary imbalances.