Sir,
The Modi Government, recharged with its poll triumphs, must now settle down to addressing the economic ills which have so far eluded effective solutions and stunted growth with some baneful, if transient, effects of demonetisation.
To his credit, the Prime Minister did acknowledge that “mistakes” may have been made but that there was unremitting focus on pro-poor policies (‘garib kalyan’) leading to the UP triumph. And he has viewed this victory as a mandate for a “new India”, where the poor would be fully empowered and the middle class would have fewer burdens than at present. This is a goal he has set for 2022, the 75th year of India’s independence.
Welcome as the signals that Prime Minister has given are, the economy continues to perform far below its potential with a dismal record in terms of job creation over the three years notwithstanding all claims and drumbeat about maximum governance and reforms.
Yours etc….
S. Sethuraman
New Delhi
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