‘India, Indians not as poor as Indian govt thinks’

Manjeet Kripalani, the India bureau chief of Businessweek, who wrote a recent article on India, in conversation with Karan Thapar on CNBC-TV18:

“India got lucky in 1991, and P.V. Narasimha Rao was there to take the hit. But if you look at the handouts of the current government, it becomes obvious that it is not a reformist government.

“This government thinks of India as poor, whereas the world does not think so, and neither do Indians think of themselves as poor. But there are probably Congressmen who agreed with what the communists were saying…

“If India is a three-legged tool of corporations, citizens and the government, the corporations are doing very well, the citizens are working very hard, and the government has just abdicated. I’d say all three Manmohan Singh, P. Chidambaram and Montek Singh Ahluwalia have failed. But I would also include Sonia Gandhi.”

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