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:SUPER ECONOMIST,NUCLEAR SCIENTIST-MANAMOHAN.
by Sandeep on Jul 22, 2008 01:09 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.
RE:SUPER ECONOMIST,NUCLEAR SCIENTIST-MANAMOHAN.
by nishu kutty on Jul 22, 2008 01:13 PM Permalink
NARASIMA RAO IS AN UNFORGOTTEN SUPER HERO BUR THESE SPINELESS FELLOWS WERE GIVEN MORE PROMINENCE. MMS WAS THE SUPER HONEST POLITICIAN TO WAKE ABDUL KALAM FROM HIS TOILET TO SIGN THE DISMISSAL OF THE BIHAR GOVERNMENT FOR WHICH THE SUPREME COURT SLAPPED HIS FACE. GREAAAAT HONEST PERSON MANAMOHAN...
RE:SUPER ECONOMIST,NUCLEAR SCIENTIST-MANAMOHAN.
by MSUBRAMANIAM on Jul 22, 2008 01:24 PM Permalink
IT WAS NARSIMHA RAO WHO OPENED THE FLOOD GATES OF LIBERALISATION. NOT MANMOHAN SINGH. It Got Boost during the NDA- thereafter again a Big Mess. Even After Death- NARSIHMA RAO's Which did not burn was Laughing at the Congress.
RE:SUPER ECONOMIST,NUCLEAR SCIENTIST-MANAMOHAN.
by Sandeep on Jul 22, 2008 01:31 PM Permalink
Check your facts. MMS was finance minister during PVNR government and the chief implementor. It is the role of finance minister to implement financial policies which is what he did. If PVNR could do all the financial stuff on his own, he wouldn't need to bring in MMS, correct?
RE:SUPER ECONOMIST,NUCLEAR SCIENTIST-MANAMOHAN.
by IVRCL Ltd on Jul 22, 2008 01:11 PM Permalink
Who said to you that there is no On line trading, On line trading is going on and on till this evening and the rate of the MPs is jumping like sensex which rose from 15000 to 20000
