Former Prime Minister and senior Congress leader Manmohan Singh on Friday said the current state of the Indian economy was “unacceptable”, soon after the second quarter’s growth numbers revealed that the Gross Domestic Product (GDP) had hit the lowest in six years. Terming the decline from 5% to 4.5% as worrisome, Singh said, “The sharp decline of GDP from 5% in Q1 to 4.5% in Q2 is worrisome. Mere changes in economic policies will not help revive the economy.”
Singh, delivering his valedictory address at a national conclave on the economy here, urged his successor Narendra Modi to set aside “his deep-rooted suspicion” of society and nurse India back to the harmonious, mutually trustworthy society that can help the economy soar. #ManmohanSingh #GDP #EconomicSlowdown
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