"The government has failed to capture the real fall down of the economy," said former PM Manmohan Singh.

"The government has failed to capture the real fall down of the economy," said former PM Manmohan Singh.

"The government has failed to capture the real fall down of the economy," said former pm Manmohan Singh.

#narendra #modi #india #gdp #ecomony #former #pm #manmohan #singh #piyush #goyal #nirmala #sitharaman 
New Delhi, Oct 6:- The government has failed to capture the real fall down of the economy & Just trying to put the blame on someone. Former Prime Minister Manmohan Singh responded to the Modi government and his finance minister when the vote was cast in Maharashtra on Thursday. Besides, the pace at which financial growth is slowing down, India has no hope of reaching India's 100,000 crore economy by 2021, the economist said.


"The government has failed to capture the real fall down of the economy," said former pm Manmohan Singh.

At a meeting of Columbia University's School of International and Public Affairs at New York on Wednesday, Union Finance Minister Nirmala Sitharaman said, "The worst of the state-run banks of India was during the days of Manmohan Singh and Raghuram Rajan." On this day, he went to the polls in Maharashtra. Responding to reporters' questions there, Manmohan said, "I will not say anything about the finance minister's statement. Later, he said, “The government has not yet caught the economy. The government is just blaming anyone. If this continues, it is difficult to recover the economy, especially the banking sector.

After this, Manmohan presented the status report of the economy in Maharashtra. He said, “Prime Minister Narendra Modi has said that the government will run the double engine in this state. Cooperation between the Central and State Governments will increase. This will increase the speed of development. But, in fact, that engine model failed. ”With specific information, the former Prime Minister said,“ For the last four years, the manufacturing industry in Maharashtra has been declining. In the last five years, many factories have closed in the state. Imports of chemicals, fertilizers and electronic goods are increasing, which was produced in Maharashtra earlier.
Except here, the former has given the Modi government a gun on the agricultural sector. Manmohan said, “Despite the promise of doubling the income of the farmers, the number of farmer suicides in Maharashtra has doubled. With the deterioration of the industry, young people are being forced to take low paid jobs. It is so unfortunate that the BJP government in the Center and Maharashtra cannot implement the Janardari move. ”Blaming the UPA government for everything, the former Prime Minister said,“ You have been in government for five and a half years. And that is enough for the implementation of public works. It was during this period that we should have found the correct solution and found the mistakes. '
nirmala sitharaman


Manmohan remarked that the economy of 1 lakh crore will remain a dream in this state of the country. Referring to the forecast of international finance for financial growth, he said, “The economy is in dire recession. At the current pace, it is possible to achieve financial growth of  5.5 to 6 % in the short term. But, to create jobs, we need to grow our economy at a rate of 8.1%. ”But how to prevent this recession? The former finance minister replied, 'It has been a long time. But, for now, all that needs to be done is a vote for the Congress-NCP alliance. '
piyush goyal


piyush goyal

Then Railway Minister Piyush Goel turned his gun against Manmohan Singh. Questioning why he was so 'helpless' when he was in Mansard, he said, "All the mistakes that Dr. Manmohan Singh made, he should focus on the failures." Why couldn't he offer a strong economy and a transparent government? Why was he so helpless that he had to look to the site for guidance and not have the ability to make any decisions for himself? '

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