|  |  | 

India Top Headlines

The Modi government does not recognize the word ‘slowdown’: Manmohan Singh


NEW DELHI: Attacking the Modi government on the state of the economy, former Prime Minister Manmohan Singh said Wednesday that the current dispensation does not recognize the word “slowdown” and that the real danger is that if problems are not recognized, then Finding credible answers to take corrective action is unlikely.

Addressing a meeting at the launch of the “Backstage” book by Montek Singh Ahluwalia, Manmohan Singh said the former vice president of the planning commission wrote about the good and weak points of the UPA government.

“I think these issues will be debated and should be debated because today we have a government that does not recognize that there is a word as a slowdown. I think this is not good for our country,” said the former prime minister.

“If you do not recognize the problems you face, you are not likely to find credible answers to take corrective action. That is the real danger,” he said, attacking the government about the state of the economy.

The book will be of great help for the future growth of the country, Singh said.

“Montek has also pointed out that, contrary to what the ruling group can say, today the $ 5 billion economy by 2024-25 is an illusion. In addition, there is no reason to expect farmers’ incomes to double over a period three years. ” he said.

Singh also praised the role played by former Prime Minister Narasimha Rao, P Chidambaram and Ahluwalia for supporting his liberalization of the economy in the 1990s and allowing him to carry out reforms despite the resistance of different sectors.

Original source