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State of Indian economy deeply worrying: Former PM Manmohan Singh
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Manmohan Singh raised concerns at the slowdown in the manufacturing sector, which grew at only 0.6% in Q1 as compared to 12% in the same quarter last year.
Former prime minister Dr Manmohan Singh blamed the “all-round mismanagement” by the Modi government for the economic slowdown and urged the government to put aside politics of vendetta and reach out to all sane voices to steer the economy out of this “man-made crisis”.
Dr Singh was also scathing in his attack over the increasing unemployment rate. “The Modi government’s policies are resulting in massive job-less growth. More than 3.5 lakh jobs have been lost in the automobile sector alone. There will similarly be large scale job losses in the informal sector, hurting our most vulnerable workers,” he said.
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Former prime minister Dr Manmohan Singh blamed the “all-round mismanagement” by the Modi government for the economic slowdown and urged the government to put aside politics of vendetta and reach out to all sane voices to steer the economy out of this “man-made crisis”.
Dr Singh was also scathing in his attack over the increasing unemployment rate. “The Modi government’s policies are resulting in massive job-less growth. More than 3.5 lakh jobs have been lost in the automobile sector alone. There will similarly be large scale job losses in the informal sector, hurting our most vulnerable workers,” he said.
#ManmohanSingh #Modi #IndianEconomy
Watch More Videos:
Keywords: manmohan singh,dr. manmohan singh,manmohan singh bjp,manmohan singh spg,manmohan singh gdp,manmohan singh pm modi,manmohan singh rajya sabha,dr manmohan singh,manmohan singh on modi,film on manmohan singh,manmohan singh pm india,manmohan singh economy,raincoat manmohan singh,former pm manmohan singh,manmohan singh interview
Attachments area
Preview YouTube video Explained: Why August 15 Was Chosen As India's Independence Day
Preview YouTube video Downgrading Indo-Pak ties: What this means?
Preview YouTube video What is RBI Surplus? | Why RBI Transferred Money to Govt?
The Indian Express Online covers all latest and trending news across India, which includes political news, mobile launches, gadgets reviews, technology updates, Entertainment News, Bollywood news, public opinions and views on daily trends.
Connect with us:
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