Sunday, May 24, 2009

Congress is by instinct a left-of-centre party

[The Congress is by instinct a left-of-centre party. Foreign investors may think of the Congress as the party that ushered in market-friendly reforms in the early 1990s, but was an exceptional phase after a balance of payments crisis. The collapse of the Soviet Union and success of Deng in China helped change the old socialist mindset, but only grudgingly and gradually. When in 2004 the Left Front made support for Congress conditional on emphasizing rural development, social spending and poverty, Congress agreed out of conviction no less than compulsion.
Expect continuity, not radical reform
TOI 24 May 2009, 0208 hrs IST, Swaminathan S Anklesaria Aiyar]

If Swami's fears hold true, then it is another five years of pretence and doublespeak. [TNM]

No comments:

Post a Comment