Why Congress rule always leaves inflation as legacy

April 13, 2013 19:24

If the Congress-led UPA government ever manages to get inflation down, it will be either because of sheer luck (global factors), or because it has managed to damage domestic growth so badly that inflation has nowhere to go but down.

This is the scenario that seems to be shaping up today -- though it is too early to predict what will happen in the remaining 12 months in which this lameduck government stays in power.

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