“Ahluwalia also highlighted that contrary to what the ruling group may say, currently the $5 trillion economies by 2024-25 is wishful thinking
New Delhi: Taking a jibe at the Narendra Modi government on the state of the economy, former Prime Minister Dr. Manmohan Singh on Wednesday said the current dispensation does not acknowledge the word “slow down” and the real danger is that if problems are not identified, then finding credible answers to take corrective action is doubtful.
While addressing at the launch of Montek Singh Ahluwalia’s book “Backstage”, Singh said the former planning commission deputy chairman has written about the strength and the weak points of the UPA government.
Manmohan Singh said, “I think these issues will be debated and it should be debated because we have a government today that does not acknowledge that there is such a word as a slowdown. I think this is not good for India,”.
Attacking the government on the state of the economy, he said “If you do not identify the problems that you face, you are not likely to find credible answers to take corrective action. That is the real danger,”.
Singh said, “This book will be of great help to the future growth of India”.
“Ahluwalia also highlighted that contrary to what the ruling group may say, currently the $5 trillion economies by 2024-25 is wishful thinking. There is no reason to expect that farmer’s income will be increased in the next three-year,”.
Former Prime Minister also hailed the role played by former Prime Minister Narasimha Rao, P Chidambaram and Motek Singh Ahluwalia for supporting his liberalization of the economy in the 1990s and enabling him to carry out the reforms despite resistance from different quarters.
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