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Prime Minister: Money Doesn’t Grow On Trees

Prime Minister: Money Doesn’t Grow On Trees

Prime Minister Manmohan Singh, in his rare address to the nation on Friday, justified his government’s recent reform measures, emphasising his credentials as the architect of economic reforms to assure people that he can pull off another turnaround to revive faltering growth.

Singh said that to reverse the slowdown in growth, a revival in investor confidence, domestically and globally, is necessary and the decisions the UPA has taken are for that purpose.

However, the advocacy for tough steps and reforms measures was accompanied with the insistence that the UPA remained the government of the aam aadmi.

The Bharatiya Janata Party (BJP) lashed out at the PM for his policies saying he was the Prime Minister of the country and not just the corporate sector.

The PM tried straight-talking with India. The success or otherwise of the strategy, however, is dependent on exactly what kind of populist measures can the government come up with to satisfy the non-corporate, non-urban middle classes.

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