"Government's White Paper: Reforms, Inflation, and Fierce Faceoff"

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Source: Hindustan Times
"Government's White Paper: Reforms, Inflation, and Fierce Faceoff"
Photo: Hindustan Times
TL;DR Summary

The Indian government's White Paper attributes the country's economic turnaround to prudent macroeconomic policies, commitment to reforms, and clear political leadership under the Narendra Modi government, contrasting it with the policy paralysis and corruption during the UPA government. The document highlights issues such as inflation, banking crisis, and fiscal deficits under the UPA regime, while crediting the current government for rejuvenating the reform agenda, improving financial sector health, and achieving fiscal consolidation. It also emphasizes the expansion of welfare programs and infrastructure development under the Modi government, attributing the macroeconomic turnaround to Prime Minister Narendra Modi's clear leadership and authority.

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