Can Manmohan Singh Rebuild India's Economy?

After months of stumbling economic policy, the decision last week by Prime Minister Manmohan Singh to take over the finance ministry post himself is recognition that drastic reforms are necessary to right the economic ship. The prime minister has long been praised as the architect of the country’s 1991 rejection of the so-called license raj and its move toward a relative free market economy, which caused the economy to go into overdrive.

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