Nageswaran makes some nice points

as usual on the issues related to Fiscal deficit.

This however, is the crown paragraph of the article

(11) With all their acts of omission and commission, the two UPA governments have damaged India’s macro and micro-economy. Consequently, India faces the prospect of lower economic growth rate in the years ahead. Then, if the UPA were to be voted out of office in 2014, India’s lower economic growth rate might coincide with another non-UPA administration at the office. Voila! That would prove the authors’ point that UPA’s deficits have been good for India!

This is exactly how Congress gets away with all the mess it creates during their tenure.