The elephant experts didnt see

September 09, 2013 10:55

Not gold and oil, but the huge import of capital goods in the UPA years has triggered the current account deficit and rupee crises.

Normally a new government faults the previous dispensation of another party for leaving behind a bad economy. But when the UPA government took over in 2004, it had some good words for its predecessor, the NDA.

In his Budget speech in July 2004, Finance Minister P Chidambaram noted that "the economic fundamentals appear strong' and "the balance of payments robust'.

TOP STORIES

What's A Chopper Doing Over Parliament?

On Friday, May 3, 2024, the National Security Guard and the Delhi police conducted a security mock drill at the Parliament building. The primary objective of the drill was to assess and synchronise the readiness of the security forces to...

Does Young India Care About Elections 2024?

Politics is not on the radar of 18 to 21-year-old Indians, reveals Rama Bijapurkar.

Did Venky Outshine SKY?

Don't forget Manish Pandey's gritty innings.

Consistency the key for Tanisha-Ashwini at Olympics

Young shuttler Tanisha Crasto believes she and doubles partner Ashwini Ponnappa have the game to match the world's best.

'This Election Captures The Evolution Of India From 2014 To 2024'

'2019 was fought on delivery. But in 2024, you can see the before and after effects.'