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Thursday, June 07, 2012
Nawaz Sharif says India copied Pak reforms in ‘90sDUBAI: Nawaz Sharif, president of his own faction of the Pakistan Muslim League (PML-N), on Wednesday said that India copied his government’s initiatives in 1990s, according to Emirates 24/7.
Speaking at a dinner in Dubai, he said Indian reforms that were initiated in 90s by the government of Narasimha Rao were influenced by industrial reforms initiated by his government in Pakistan.
Nawaz was the prime minister in October 1990 and initiated an ambitious economic programme. In June 1991, Rao became Indian premier and he appointed Manmohan Singh as the finance minister. Soon the rupee was devalued and Rao, who also held the portfolio of industries minister, abolished industrial licencing and other socialist measures which India had adopted until then. “If not for corrupt governments that followed later, Pakistan would have been on the path of economic growth by now,” said Nawaz. He criticised President Asif Zardari and former military ruler Pervez Musharraf. He also blamed the two for the increase in conflict and militancy in Pakistan.
Calling upon Pakistani nationals living abroad to come forward and help change Pakistan, Nawaz Sharif said returning him to power would be the only way for Pakistan to once again move forward towards economic progress and social stability.
He said that the close geographical proximity between the UAE and Pakistan had many possibilities and it is in the interest of both countries to expand their business and trade activity. online
Courtesy www.dailytimes.com.pk