The article “Congress politics and the economy” ( Business Line, June 27) reads very well and provides ample food for thought. Political calculations decide the person and appointment for the top post. This decision is regardless of whether reform policies are pursued or not.
The economy has reached a benchmark level of performance based on previous reforms initiated and carried out two decades ago. There are certain unknown strengths in India which keep the economy going and parties and persons do not really matter much.
It is in the parties' and politicians' interests to remain in power and not necessarily for the public, as the recent plethora of scams, black money and increasing corruption have shown.
T. V. Gopalakrishnan
(This article was published in the Business Line print edition dated June 29, 2011)
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