Manmohan Singh Says Govt Does Not Acknowledge the Word 'Slowdown', Corrective Action Unlikely
4 years, 10 months ago

Manmohan Singh Says Govt Does Not Acknowledge the Word 'Slowdown', Corrective Action Unlikely

News 18  

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 this is not good for our country,” the former prime minister 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.

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History of this topic

Economic slowdown inevitable, govt needs to spend more: Manmohan Singh
4 years, 5 months ago

Economic slowdown inevitable, govt needs to spend more: Manmohan Singh

India Today  

Noted economist and senior Congress leader Manmohan Singh said the government needs to increase spending in order to tackle the economic crisis triggered by the coronavirus pandemic. In a recent email interaction with the BBC, Singh offered an action plan and urged the government to follow it tackle the humanitarian crisis triggered by the coronavirus pandemic. Singh said the Modi …

Modi govt does not acknowledge the word 'slowdown': Manmohan Singh
4 years, 10 months ago

Modi govt does not acknowledge the word 'slowdown': Manmohan Singh

India Today  

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", …

Govt is wrong, clueless, stubborn: P Chidambaram
5 years, 1 month ago

Govt is wrong, clueless, stubborn: P Chidambaram

Deccan Chronicle  

New Delhi: A day after being released from 106 days of incarceration, former finance minister P. Chidambaram hit the ground running. At the AICC headquarters, he said that even after seven months, the government believed that the economic slowdown was cyclical, but the “government is wrong”. “It is unable to look for the obvious clues because it is stubborn and …

BJP government should accept ‘historic slowdown’ of country's economy, work towards resolving it, says Priyanka Gandhi Vadra
5 years, 4 months ago

BJP government should accept ‘historic slowdown’ of country's economy, work towards resolving it, says Priyanka Gandhi Vadra

Firstpost  

New Delhi: Congress leader Priyanka Gandhi Vadra on Tuesday criticised the BJP-led central government over “historic slowdown” in the economy. Priyanka said the Centre should accept that there is a slowdown and should work towards measures to resolve it. The BJP government should accept that there is a historic slowdown in the economy and they should move towards measures to …

Why Narendra Modi government must acknowledge the economic slowdown. Now.
5 years, 4 months ago

Why Narendra Modi government must acknowledge the economic slowdown. Now.

India Today  

Over the past few weeks, Finance Minister Nirmala Sitharaman announced several measures to tackle economic slowdown. These steps have come after India's GDP growth in the first quarter of FY20 slowed to 5 per cent--the lowest in 25 quarters or in six years. However, key Indian sectors are facing a slowdown that seems far more than a cyclical occurrence, said …

Economy in prolonged slowdown: Manmohan Singh
5 years, 4 months ago

Economy in prolonged slowdown: Manmohan Singh

Hindustan Times  

Former prime minister Manmohan Singh said on Sunday the Indian economy is “in the midst of a prolonged slowdown” because of “all-round mismanagement by the Modi government” and it has not yet recovered from the “man-made blunders” of demonetisation and the “hastily implemented” Goods and Services Tax. Referring to a slew of announcements made by Sitharaman on August 23 to …

Nirmala Sitharaman must get over 'politicking' about economy and acknowledge 'slowdown', says Priyanka Gandhi
5 years, 4 months ago

Nirmala Sitharaman must get over 'politicking' about economy and acknowledge 'slowdown', says Priyanka Gandhi

Firstpost  

Congress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a ‘slowdown’, saying she needs to come clean with the people of India New Delhi: Congress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a “slowdown”, saying she needs to get over “politicking” …

Manmohan Singh hits out at Modi govt, calls slowdown ’man-made crisis’
5 years, 4 months ago

Manmohan Singh hits out at Modi govt, calls slowdown ’man-made crisis’

Live Mint  

New Delhi: Days after the finance ministry reported contraction in the GDP growth, former prime minister Manmohan Singh on Sunday slammed the Narendra Modi government blaming its policies for the economic slowdown in the country. "India has the potential to grow at a much faster rate, but the all-round mismanagement by the Modi government has resulted in this slowdown," said …

India facing prolonged slowdown: Manmohan Singh
5 years, 4 months ago

India facing prolonged slowdown: Manmohan Singh

The Hindu  

Former Prime Minister Manmohan Singh on Sunday said the 5% growth in India’s Gross Domestic Product signalled a prolonged slowdown and asked the government to engage with “thinking minds by shunning vendetta politics to take the economy out of a man-made crisis.” In a video statement, he said the state of the economy was “deeply worrying” and the near zero% …

New govt faces challenges of arresting slowdown, creating jobs and tackling bad loan woes of banks: Economists
5 years, 7 months ago

New govt faces challenges of arresting slowdown, creating jobs and tackling bad loan woes of banks: Economists

Firstpost  

After a landslide victory at the general election, Prime Minister Narendra Modi faces the immediate challenge of arresting a slowdown in the world’s sixth largest economy New Delhi: After a landslide victory at the general election, Prime Minister Narendra Modi faces the immediate challenge of arresting a slowdown in the world’s sixth largest economy, creating jobs, stimulating private investment and …

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