Why India is doomed economically even after having an economist PM

[aragorn]

To read in detail:

http://www.firstpost.com/business/problem-is-rahul-flation-why-rbi-is-failing-with-rate-hikes-86895.html

Over all,

this is not about congress or BJP, this is about policies that the
country has presently.

Dont confuse yourself with the promises that rates will slow down or
inflation will subdue in near future. Nothing is going to happen till
2013, when the time of reckoning will be there.

All these promises are for higher level. At lower or detailed level,
the fact is the cost once increased never reduce. Even if it reduces
by any chance, possibility of getting it to pre-increase rates is bare-
minimum.

Result: No matter, how much we grow, inflation will eat into the
entire savings.

Spill your thoughts.