Rupee hitting 2019’s lowest level and stocks falling most in 11 months make it clear that markets don’t think much of Modi government’s moves to arrest the slowdown. Economic indicators matter as much as political verdicts and Modi government has no place to hide its sorry management of the economy.
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More than political verdicts, which can sometimes reflect a surge of emotion, it is the state of the economy which determines whether Indians go to bed after a proper meal. Whether children get a decent education that makes them employable. The quality of healthcare, the liveability of our cities. The Report Card is Dismal. The priorities lie eksewhere, in Ayodhya, the Kashmir Valley, Assam, not letting sleeping dogs lie. All the sources from which useful, timely feddback, along with actionable suggestions could have come, have been muted. As recently as the Budget, there was an air of nonchalance, complacency. Difficult to say if the economic team is capable of turning things around.
More than political verdicts, which can sometimes reflect a surge of emotion, it is the state of the economy which determines whether Indians go to bed after a proper meal. Whether children get a decent education that makes them employable. The quality of healthcare, the liveability of our cities. The Report Card is Dismal. The priorities lie eksewhere, in Ayodhya, the Kashmir Valley, Assam, not letting sleeping dogs lie. All the sources from which useful, timely feddback, along with actionable suggestions could have come, have been muted. As recently as the Budget, there was an air of nonchalance, complacency. Difficult to say if the economic team is capable of turning things around.
More than political verdicts, which can sometimes reflect a surge of emotion, it is the state of the economy which determines whether Indians go to bed after a proper meal. Whether children get a decent education that makes them employable. The quality of healthcare, the liveability of our cities. The Report Card is Dismal. The priorities lie eksewhere, in Ayodhya, the Kashmir Valley, Assam, not letting sleeping dogs lie. All the sources from which useful, timely feddback, along with actionable suggestions could have come, have been muted. As recently as the Budget, there was an air of nonchalance, complacency. Difficult to say if the economic team is capable of turning things around.