The newspapers, as
usual, call it a slew of reforms. It is not clear what they mean, as the word
“SLEW” means a large number. Are the announcements made by the government large
reforms in the economic system?
Perhaps not in the
true sense of the word. Prime Minister Manmohan Singh in his short address to
the nation stated that oil companies lose ₹17 per litre of diesel sold, and
that only the rich and businesses benefit by this subsidy, as they are the ones
who ride in SUVs, etc.