Manmohan Singh Slams Modi Govt over Deteriorating Economy, Jobs
Slamming the government over demonetisation, Manmohan Singh said that nothing concrete has been achieved out of it.
Former prime minister Dr Manmohan Singh on Friday, 7 September, slammed the Narendra Modi government for allegedly ruining the economy and for not fulfilling the promises made to the country in 2014.
He was speaking at the launch of a book penned by Congress leader Kapil Sibal – “Shades of Truth - A Derailed Journey” – which highlights the failures of the Modi government.
Slamming the government over job creation, Singh said that people are still waiting for the promised 2 crore jobs.
The youth are desperately waiting for the promised two crore jobs. Employment growth rate has been declining in the last four years. People aren’t impressed with the figures being put out by Modi government to justify the creation of large number of jobs.Dr Manmohan Singh
“Programs like Make in India and Standup India are yet to make a meaningful impact on industrial production growth. Small and marginal enterprises are yet to derive significant benefit from the ease of doing business schemes,” said Singh.
“Demonetisation and hasty implementation of GST have badly hurt these enterprises,” he added.
Further slamming the government over demonetisation , he said that nothing concrete has been achieved out of it and it could not bring back the alleged black money held in foreign banks.
“The Modi government has undermined the values that any democratic party, democratic polity should fiercely protect,” he said.
The other guests of honour at the event were P Chidambaram, Sitaram Yechury, Chandan Mitra and Sharad Yadav. Former Jammu and Kashmir chief minister Farooq Abdullah was also present.
Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.