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Economics focus: Who put the shine into India?

机译:经济学重点:谁让印度大放异彩?

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If the campaign hype of his opponents is to be believed, Man-mohan Singh, India's new prime minister, is taking control of a country well on its way to becoming an economic power. If so, he is merely inheriting his own legacy. As finance minister in 1991, he seized on India's worst-ever debt crisis to push through its strongest-ever programme of economic reforms. In one epic budget speech in July 1991, he forcibly weaned the country off protectionism; waged a second freedom struggle against the li-cence-and-permit Raj that shackled India's businessmen; and opened the door, if only a bit, to foreign capital. A canny political operator, he also removed duties on newsprint, to keep editors on side, and excises on tiffin boxes (a sort of lunch box), to keep his wife happy. In the ten years after 1992, India seemed at last to be living up to its potential, growing at an average rate of 5.9%.
机译:如果可以相信对手的竞选大肆宣传,印度新任总理曼·莫汉·辛格(Man-mohan Singh)正在控制一个国家,使其成为经济强国。如果是这样,他只是在继承自己的遗产。 1991年担任财政部长时,他抓住印度有史以来最严重的债务危机,推动了印度有史以来最强大的经济改革计划。在1991年7月的一次史诗般的预算演讲中,他强行让该国脱离保护主义。进行了第二次自由斗争,以对抗束缚印度商人的许可和许可证的拉吉;并向外国资本敞开了大门。他是一个精明的政治操作员,还取消了新闻纸的职责,以使编辑任职,并在tiffin盒(一种便当盒)上消费,以使妻子高兴。在1992年之后的十年中,印度似乎终于发挥了潜力,以平均5.9%的速度增长。

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