Sunday, December 11, 2011

BIBEK DEBROY IN ECONOMIC TIMES ON DR MANMOHAN SINGH



Assessing Manmohan Singh: He was never a true reformist by instinct

Bibek Debroy Dec 11, 2011, 10.49am IST
Rare is the person who reads Robert Browning now. He wrote a poem titled "The Patriot" and it begins, "It was roses, roses, all the way, /With myrtle mixed in my path like mad." Somewhere down the line, the poem says, "And you see my harvest, what I reap, /This very day, now a year is run."
It has been more than a year now, seven years if one counts from 2004. As prime minister, Manmohan Singh(let's call him MMS) is most likely on his way out, once the Congress figures out the exit policy.
Since clamours for removal have emanated from within the Congress too, we aren't talking about 2014. More like 2012. As PM, the MMS legacy has been the nuclear deal, aborted peace initiatives with Pakistan and part-aborted agreements with Bangladesh. But MMS is an economist. As FM, he is the one who liberalised the economy in 1991 and reminded us about an idea (reforms) whose time has come.
Rao, Not Singh To put it mildly, the economy is in a shambles now. Reforms most likely are on permanent pause. The sound and fury over FDI in retail amounted to nothing. During UPA-I, we had RTI and NREG. The rest was a legacy. During UPA-II, we have Right to Education and may have Right to Food. As a reformer, lauded by the external world and urban India, I doubt MMS will be proud of this legacy.
But should we be surprised? We have conjured up an image of MMS as the original reforming FM. There are several problems with this identification. First, MMS wasn't PV Narasimha Rao's original choice as FM. IG Patel was, though that is neither here nor there. Second, the credit for those reforms should largely go to Rao, though the Congress conveniently chose to ignore this later. Indeed, MMS also distanced himself from Rao, though that too is perhaps neither here nor there, except that it reveals some of MMS' personal attributes. The point is, any FM in 1991 would have had to introduce those reforms. The agenda was known. The blueprint was known.
All of these had been firmed up by the end of 1990. All that remained was for FM to read out the speech. MMS wasn't the engineer or the architect. At best, he was the contractor.
Third, MMS may have been an economist once. But for years and years, he was a laterally inducted bureaucrat. A requisite characteristic of a successful bureaucrat is lack of conviction, economic, political or ideological.
You need to be malleable. And MMS was successful at that. It isn't generally known that the "garibi hatao" slogan was thought of by MMS. Therefore, we have ourselves conjured up this 'father of reforms' image and MMS chose to go along.
Honest, But... Part of the image also concerns honesty. Honesty is a relative expression. I have been severely reprimanded by an MP for calling MPs and politicians dishonest. I have been advised to call them differently honest and there is a grain of truth in that.

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