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State of Indian economy deeply worrying: Former PM Manmohan Singh

Manmohan Singh raised concerns at the slowdown in the manufacturing sector, which grew at only 0.6% in Q1 as compared to 12% in the same quarter last year.
Former prime minister Dr Manmohan Singh blamed the “all-round mismanagement” by the Modi government for the economic slowdown and urged the government to put aside politics of vendetta and reach out to all sane voices to steer the economy out of this “man-made crisis”.
Dr Singh was also scathing in his attack over the increasing unemployment rate. “The Modi government’s policies are resulting in massive job-less 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,” he said.
#ManmohanSingh #Modi #IndianEconomy

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