-A A +A

NEW DELHI-An Irresponsible Budget

An Irresponsible Budget BM Manmohan Singh had begun with a promise of completing within a three- year period the so-called structural adjustment programme and restoring the economy to a respectable growth rate. But in fact during this period the Indian economy has experienced structural deterioration on all fronts-growth of GDP and per capita consumption as well as rates of saving and capital formation. The situation called for a more serious and less irresponsible response than has been presented in the budget for

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top