Govt rebuffs Manmohan’s take on economy

New Delhi, September 3

The government today rebuffed former Prime Minister Manmohan Singh’s criticism over handling of the economy, saying it does not subscribe to his analysis as India has now become the world’s fifth largest economy from 11th during his tenure.

Earlier this week, the former PM has said the state of economy was “deeply worrying” and urged the government to put aside “vendetta politics” and reach out to sane voices and thinking minds to steer the economy out of this “man-made crisis”.

“We do not subscribe to what Manmohan Singh has analysed...India was 11th (largest) economy of the world. Now, it is fifth and we are marching to become third,” I&B Minister Prakash Javadekar said.

Amid the economic growth slowing to a six-year low of 5 per cent in the first quarter of the current fiscal, Javadekar said the government was not looking at the economy in a piecemeal manner and has a comprehensive view.

“What we are doing is, being a responsive government, addressing the issues and we have seen this process in GST also. The GST Council met every month and took relevant decisions and it is now fine-tuned. So that is the way how the people-friendly government works and that is how we are working,”he said. — TNS

‘Now fifth, Marching towards 3rd spot’

We don’t subscribe to what Manmohan Singh has analysed...India was 11th (largest) economy. Now, it is fifth and we are marching to become third. Prakash Javadekar, Union Minister