Former PM Manmohan Singh said the state of India’s economy is ‘deeply worrying’. He said, “The state of the economy today is deeply worrying. The last quarter’s GDP growth rate of 5% signals that we are in the midst of a prolonged slowdown. India has the potential to grow at a much faster rate but all-round mismanagement by the Modi government has resulted in this slow down.”
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Former PM Manmohan Singh said the state of India’s economy is ‘deeply worrying’. He said, “The state of the economy today is deeply worrying. The last quarter’s GDP growth rate of 5% signals that we are in the midst of a prolonged slowdown. India has the potential to grow at a much faster rate but all-round mismanagement by the Modi government has resulted in this slow down.”
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Former Prime Minister Manmohan Singh on Sunday said the state of the economy was 'deeply worrying' and that 'all-round mismanagement' by the Modi government has resulted in this slowdown. In a statement, he said the last quarter GDP growth rate of 5 per cent signals that 'we are in midst of a prolonged slowdown'. The Congress leader said India has the potential to grow at a much faster rate. 'India cannot afford to continue down this path. Therefore, I urge the government to put aside vendetta politics, and reach out to all sane voices and thinking minds, to steer our economy out of this man-made crisis,' he said. Video was released by Congress on its official twitter handle.
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Watch 'All-round mismanagement' by Modi govt resulted in slowdown: Manmohan Singh on GDP numbers With HD Quality
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Former Prime Minister Manmohan Singh on Thursday attacked the Modi govt for its flawed policies that have caused the current economic slowdown and asked Congress party leaders to hit the streets to inform people about the policies of the earlier UPA government at the Centre during the global economic recession. Manmohan Singh said that when the economic recession had hit the global economy, our government (United Progressive Alliance) was able to revive the economy, while the current government's flawed policies on the economy is the reason for the slowdown.
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