I mostly agree with the views of Rajeev Srinivasan, but in this I will have to disagree.
The economic slowdown is not because of Marxists or corruption but rather has its origin in last year's lacklustre performance in agriculture.
The real story is not that the GDP growth rate is low at 6.2%, but rather high despite a drought. In the good old days, such a drought would have led to negative growth and high inflation.
I am no fan of Congress and much less the "marxists", but I think the economic team of the Singhs and Chidambaram has done a decent job.
In fact, Mr. Srinivasan has neglected to mention one of the more impressive areas of economic achievement: the continued buoyancy in merchandise and service exports under their watch.
I fully expect the economy to accelerate in the coming months. Although current economic team has not done anything spectacular, like true doctors, they have done no harm to the patient either.
