New Delhi: Former prime minister Dr Manmohan Singh recently attacked the Prime Minister Narendra Modi regime for the country’s economic slowdown.
Dr Singh, who during his tenure as Finance Minister of India was the architect of the country’s economic reforms in the 1990s, felt that the Modi-led Central government has left the country’s economy in “dire straits”.
Citing the Finance Ministry’s latest monthly report, he said that it indicated that the country is headed towards a slowdown. “It has revised the GDP growth for this quarter (January-April) to just 6.5 per cent,” he added.
Lashing out at the BJP-led Central government, Dr Singh said that the Indian economy is “over-regulated” and that the regulators have also turned into “controllers” due to the government’s controls and interferences. He also lamented about the “growing interference” of the courts in economic policies.
PTI quoted Dr Singh as saying that the people have made up their minds to “vote out the government that does not believe in inclusive growth” but is only worried about its political relevance.
He alleged that in the past five years, the country witnessed corruption of “unimaginable proportions” and claimed that the demonetisation was the “biggest scam” in the country since its independence.
