Reportedly former Prime Minister manmohan Singh has hit out at the modi government over the ongoing economic slowdown and GDP figures touching 5% and meanwhile in a statement on Sunday, manmohan Singh slammed the BJP led government over the crippling economy and urged the Centre to stop ignoring the seriousness of the situation.
Furthermore manmohan Singh expressed concern over state of the economy and termed it as "deeply worrying". Manmohan Singh's statement said "The last quarter's GDP growth rate of 5% signals that we are in the midst of a prolonged slowdown. india has the potential to grow at a much faster rate but all round mismanagement by the modi government has resulted in this slow down". Reportedly manmohan Singh also stressed on the staggering manufacturing sector and said that the Indian economy has not yet recovered from the "man-man blunders" of demonetization and the Goods and Services Tax (GST), which the former PM claimed was "hastily implemented".
Furthermore, the senior Congress leader blamed Narendra modi's policies for what he claimed to be the "massive job-less growth" in the country. He said "The modi government's policies are resulting in massive jobless 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". Also Manmohan Singh urged the modi government to put aside "vendetta politics", and reach out to all "sane voices" and "thinking minds" to pull the economy out, what he claimed as the "man-made crisis".
