IT WAS NARASIMHA RAO WHO AS A CAPABLE LEADER TOOK BOLD DECISIONS FOR THE LIBERALISATION OF INDIAN ECONOMY IN 1991 AND NOT MANMOHAN SINGH. HE ONLY FOLLOWED HIS MASTERS VOICE AS HE ALWAYS DOES. IF MMS IS A GREAT ECONOMIST/(ASSUMING PRIME MINISTER), WHAT PREVENTED HIM FROM STOPPING THE ONLINE TRADING IN CONSUMABLE COMMODITIES LIKE PULSES, WHEAT, RICE ETC WHICH HAS LED TO INCREASE IN PRICES OF EDIBLE ITEMS. (LETS US FORGET ABOUT THE OIL PRICES, WHICH MAY BE OUT OF HIS CONTROL). AS AN ABLE PM WHY CANNOT HE DIRECT HIS SUPER BRILLIANT FINANCE MINISTER P.CHIDAMBARAM TO STOP ONLINE TRADING? AFTERALL, P.V.NARASIMHA RAO ALSO SURVIVED FOR FOUR YEARS IN THAT TURBULENT PERIOD WITH A MINORITY GOVERNMENT.
RE:RE:NARASIMHA RAO VS USELESS MANAMOHAN.
by jagar singh on Jul 22, 2008 01:41 PM Permalink
online trading cannot determine prices but demand and supply do.states should improve agricultural produce and market ,particularly vegetables.pulses are limited in supply worldwide.other countries face higher inflation
RE:NARASIMHA RAO VS USELESS MANAMOHAN.
by inderjit singh on Jul 22, 2008 01:33 PM Permalink
my dear get u r s basics right u know prices rise are the resultants of higher crude prices which mr singh does not have a control on and also for ur information dear even oil producing countries are feeling the pinch as their imports of goods of daily usuage have become more dearer
RE:NARASIMHA RAO VS USELESS MANAMOHAN.
by jagar singh on Jul 22, 2008 01:41 PM Permalink
online trading cannot determine prices but demand and supply do.states should improve agricultural produce and market ,particularly vegetables.pulses are limited in supply worldwide.other countries face higher inflation
RE:NARASIMHA RAO VS USELESS MANAMOHAN.
by Sandeep on Jul 22, 2008 01:35 PM Permalink
You are living in a world of your own. MMS is widely regarded as architect of liberalization. Probaly you did not know what was happening then but MMS had to volunteer to resign several times due to strong opposition to his new age thinking. Then also, the opposition was exactly similar and same vague points were touted. No doubt, Narasimha Rao contributuion can not be forgoten as he supported MMS through it all and brought him as finance minister but to say PVNR did liberalisation is hallucinating. PVNR had a great role by bringing in MMS as finance minisiter who was not in politics.
