India's economy needs an early election

August 22, 2013 01:41

A rupee in free fall; a terrifyingly wide current-account deficit; a corrupt, stagnant bureaucracy: In 1991, then-Finance Minister Manmohan Singh helped to rescue India's economy from that near-death experience with a slew of liberalizing reforms, setting the stage for two decades of growth.

Today, facing a similar, if less existential, crisis as Indias prime minister, Singh may well be the man standing in the way of a solution.

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