NK Dutt; NEW DELHI
The Former PM, Dr Manmohan Singh,
has expressed his concern over the declining economy of Country he has said the
condition of economy is very serious today where declining to 5% in GDP shows that the Country is in the trap of a
long recession.
The GDP in the first quarter in this
financial year remains 5% and Mr. Singh has targeted the Narendra Modi
Government. He added the economic condition is very serious. The 5% GDP rate in
first quarter shows that we are in the trap of economic recession for the long
term. The economy in India has the capacity to go ahead rapidly, but the
mismanagement of Modi Government has pushed the economy of India in big
recession.
The former PM has dubbed the
Government decisions like the GST and the Demonetisation responsible which
brought the economy on this verge. He added, ” that the manufacturing sector
increasing is only .6% is troublesome specially. The investors' confidence are
staggering. It is evident that our economy could not still overcome after the
hasty implementation of the GST and the deminetisation."
Dr. Singh has appealed to the
Government, ” India cannot maintain its move in this direction so I request to
the Government that they left the politics of vendeta and listen the voices of
all steering lieutenant to overcome the economy from this crises."
