Explorer

Modi Government Does Not Acknowledge The World 'Slowdown': Ex-PM Manmohan Singh

Addressing a gathering at the launch of Montek Singh Ahluwalia's book "Backstage", Singh said the former planning commission deputy chairman has written about the good as well as the weak points of the UPA government.

New Delhi: Attacking the Modi government on the state of the economy, former prime minister Manmohan Singh on Wednesday said the current dispensation does not acknowledge the word "slowdown" and the real danger is that if problems are not recognised, then finding credible answers to take corrective action is unlikely. Addressing a gathering at the launch of Montek Singh Ahluwalia's book "Backstage", Singh said the former planning commission deputy chairman has written about the good as well as the weak points of the UPA government. "I think these issues will be debated and should be debated because we have today a government that does not acknowledge that there is such a word as slowdown. I think this is not good for our country," the former prime minister said. "If you do not recognise the problems that you face, you are not likely to find credible answers to take corrective action. That is the real danger," he said, attacking the government on the state of the economy. The book will be of great help to the future growth of the country, Singh said. "Montek has also pointed out that contrary to what the ruling group may say, today the USD 5 trillion economy by 2024-25 is wishful thinking. Also there is no reason to expect that farmers income will be doubled in a three- year period," he said. Singh also hailed the role played by former prime minister Narasimha Rao, P Chidambaram and Ahluwalia for supporting his liberalisation of the economy in the 1990s and enabling him to carry out the reforms despite resistance from different quarters.

Top Headlines

Mumbai To Host UK Ministers And Seven Northern Mayors For India-UK Trade Showcase
Mumbai To Host UK Ministers And Seven Northern Mayors For India-UK Trade Showcase
Musk accuses Ambani's online supporters of 'absurd hypocrisy', `ridiculous arguments'
Musk accuses Ambani's online supporters of 'absurd hypocrisy', `ridiculous arguments'
GAIL Launches ‘Wah Kya Energy Hai’ Season 2 With New Anthem
GAIL Launches ‘Wah Kya Energy Hai’ Season 2 With New Anthem
'Deeply Offensive': MEA Hits Back At JD Vance's Remarks, Flags US PERM Suspension
'Deeply Offensive': MEA Hits Back At JD Vance's Remarks, Flags US PERM Suspension

Videos

Nepal Floods: Landslide Blocks Budhi Gandaki River, Triggering Destructive Flooding
Supreme Court: Centre, Delhi Police And DMRC Asked To Respond By Tuesday
Metro Update: Solicitor General Says Entry And Exit Were Restricted At 45 Stations
Supreme Court: Important Directions Issued On Delhi Protest Restrictions
Supreme Court: Lawyers Allege Delhi Police Violated Court Directions During Protest

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget