Union government dismissed statement of former Prime Minister on economic slowdown
NK Dutt;New Delhi
The Modi led government has
dismissed the former PM statement on very serious economy condition in country.
The government has maintained that the Modi led government views the economy as
a whole and its efforts have grown Indian economy placing it 5th from the 11th
in the world.
While answering the questions of the
reporters, after a meeting of the Union Cabinet, Information and Broadcasting
Minister, Prakash Javadekar, replied on a question related to the statement of
former Prime Minister, Manmohan Singh, he said, "We do not agree with the
analysis done by Manmohan Singh. We do what we say. We have moved the economy
from the 11th position to the fifth position and we are moving towards the
third position.”
The Minister of Information and
Broadcasting said that the government does not see the economy in pieces but it
has a holistic view of the economy.
As the economic growth rate came
down to five percent in the first quarter of the current financial year, former Prime Minister Manmohan Singh, saying
that the economic situation is 'very worrisome' and this softening is the
result of all mismanagement of the Modi government, had targeted the Narendra
Modi government. The former Prime Minister said in his statement that the GDP
growth rate of 5 per cent in the first quarter shows that we are stuck in a
long period of economic slowdown.