-The Economic Times     There is a narrative that the UPA's rule at the Centre led to an economic disaster, especially in the second term. In contrast, Gujarat has prospered, thanks to Narendra Modi's good governance. We have several problems with this. First, through UPA's first term and about halfway into its second, many economic indicators critics like to harp on were much better than those during the NDA days. This is true...

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

-The Hindu Business Line Welfare programmes do work these days. That's because their implementation determines poll outcomes In the last 15 years, India has seen the adoption of an "alphabet soup" of ambitious national anti-poverty programmes: a rural connectivity scheme (PMGSY), a universal primary schooling initiative (SSA), a rural health initiative (NRHM), a rural electrification scheme (RGGVY), a rural employment guarantee (NREGA), a food subsidy (Food Security Act), and a new digital...

-Live Mint   What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...

-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....