India
UPA-II WAKES UP TO DO IMAGE-BUILDING EXERCISES
CREDIBILITY LOSS FROM CORRUPTION AND INFLATION
2011-06-29 05:11
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UPA-II has paid a heavy price – total loss of credibility – for its failures of governance on a wide front, political and economic, over the last two years. Indeed it has turned out to be an exceptional phase in post-independence history when large-scale corruption involving holders of public office has occurred while Government in pursuit of high growth virtually abdicated its responsibility to ensure even a modicum of price stability.