Showing posts with label Manifesto. Show all posts
Showing posts with label Manifesto. Show all posts

Tuesday, 8 April 2014

Congress Party 2014 Manifesto: Main Promises

a. Economy: The Congress Party assures India that it will ensure it will ensure   8% growth of the economy. It has belatedly realized that without a strong economy, it cannot implement infra-structure and welfare schemes. In the last 5 years, Congress party and government resorted to deficit financing and borrowing to meet expenditure .This has let loose the severe inflation which resulted in high price rise. What it did not go in the last 5 years, Congress party has promised to do in the next 5 years. The Congress party does not explain why it did not ensure 8% economic growth in the last 5 years.