I am an ordinary Indian Citizen, and it is widely assumed that I do not understand even an iota of economics.
To some extent it is true, I am not an economist. I do not understand the statistics and complexities of investigations based on which a nation's year-on-year growth is decided and then documented. I am just an individual with average intelligence and senses.
But India is the home of many famous economists including our Prime Minister Shri Manmohan Singh. He has been in power for almost eight years now, along with his very capable cabinet.
Then why is:
Isn't this unfortunate?