Modi Government Left Economy In "Dire Straits", Says Manmohan Singh

[bhaigan]

New Delhi : 

Former Prime Minister Manmohan Singh on Sunday said India is headed for an economic slowdown and accused the Modi government of leaving the economy in dire straits due to its "lack of economic vision".

Citing the latest economic growth figures to suggest an impending slowdown, Dr Singh also said the Indian economy is "over-regulated" and the government controls and interference is aplenty with even regulators having "morphed into controllers".

He also rued the "growing interference" of courts in the economic policies, and said the Congress would have handled the economy differently.

[snoww]

Why is Indian stock market and real estate sector at all time highs if economy is really that bad ? 

[TechAdvice]

51 minutes ago, bhaigan said:

New Delhi : 

Former Prime Minister Manmohan Singh on Sunday said India is headed for an economic slowdown and accused the Modi government of leaving the economy in dire straits due to its "lack of economic vision".

Citing the latest economic growth figures to suggest an impending slowdown, Dr Singh also said the Indian economy is "over-regulated" and the government controls and interference is aplenty with even regulators having "morphed into controllers".

He also rued the "growing interference" of courts in the economic policies, and said the Congress would have handled the economy differently.

Manmohaney chippali India’s economy gurunchi...

[babu_bangaram]

1 hour ago, bhaigan said:

New Delhi : 

Former Prime Minister Manmohan Singh on Sunday said India is headed for an economic slowdown and accused the Modi government of leaving the economy in dire straits due to its "lack of economic vision".

Citing the latest economic growth figures to suggest an impending slowdown, Dr Singh also said the Indian economy is "over-regulated" and the government controls and interference is aplenty with even regulators having "morphed into controllers".

He also rued the "growing interference" of courts in the economic policies, and said the Congress would have handled the economy differently.

I have high regards for this guy due to his credentials but when you are bootlicking congress leaders then you become insane and also i think his age is impacting his brains .....better he keeps his mouth shut like when he was ruling for 10 yrs ...........

[Maryadaramanna]

Only bhakts can praise the economy 😂

There’s no doubt about external affairs and international political stand, where there’s a great improvement but bjp always failed in economy.

[Maryadaramanna]

1 hour ago, snoww said:

Why is Indian stock market and real estate sector at all time highs if economy is really that bad ? 

5 yrs back enni sectors lo 100%fdi undi ippudu enni unnai. I don’t think stock market is a direct index of country’s economy. It’s just a biproduct. 

Real estate is high because of failed banking sector where people lost confidence on both cash and banks. So running behind alternate investments.

[Maryadaramanna]

Swamy is the only qualified economist I see in bjp where he’s sidelined by these politicians.

[Android_Halwa]

12 minutes ago, babu_bangaram said:

I have high regards for this guy due to his credentials but when you are bootlicking congress leaders then you become insane and also i think his age is impacting his brains .....better he keeps his mouth shut like when he was ruling for 10 yrs ...........

Agreed. 

Manmohan Singh has done wonders before and if he is given a free hand without political intervention, He can create wonders with his immense knowledge of public economics. He proved his mentle once in 1991 and the result, 300 million people were lifted out of poverty over the next two decades. 

MMS presided one of the best period of Indian economy, 2004-2009. Peaks of recession lo kuda India 6.5 % growth kottindi, a lone bright star. 

Just that the political compulsions and Congress party’s shadow are undermining his ability and out reach. 

Saduvukunna saduvu ki nyayam chesindu vaya Manmohan singh....

[Chinna84]

I thought he was dumb, can he speak ??

[bhaigan]

24 minutes ago, Chinna84 said:

I thought he was dumb, can he speak ??

He is not dumb, Oxford university professor ela dumb avuthadu

[snoww]

1 hour ago, Maryadaramanna said:

5 yrs back enni sectors lo 100%fdi undi ippudu enni unnai. I don’t think stock market is a direct index of country’s economy. It’s just a biproduct. 

Real estate is high because of failed banking sector where people lost confidence on both cash and banks. So running behind alternate investments.

So what indicators would you look at instead ?

[pisinari]

Eede seppala economy gurinchi, italian beach langa lo doorina langa nayalu

[kevinUsa]

1 hour ago, pisinari said:

Eede seppala economy gurinchi, italian beach langa lo doorina langa nayalu

Give respect to his education and experience 

He was rbi governor...

[DrBeta]

1 minute ago, kevinUsa said:

Give respect to his education and experience 

He was rbi governor...

Do you give respect to pappu because he studied at Stanford?

[panipoori]

6 minutes ago, DrBeta said:

Do you give respect to pappu because he studied at Stanford?

Is MMS son of someone like CBN? he's a self made man

Is pappu a self made man? What is he if not for CBN?