The surge is a two-year high and gives the government the device to parade an economic rebound before general elections next year. But aside the drum beat of praise one may well ask if the economy is really recharged?
A year on, the bluff has been called on the stated objectivesof demonetisation, especially tackling black money. A few grains of positives cannot stand up to the wrecking ball it took to the Indian economy.
Regarded by some as the father of second generation economic reforms, Vajpayee, who died on Thursday at the age of 93 years, was decisive and pursued his reforms agenda with vigour without getting ruffled by criticism.