Singh, an MP, said, "The Prime Minister is on the silent mode and soch raha hai (thinking what to do). The Prime Minister is a big economist. Vajpayee was not an economist but a realist. You compare the economy during the NDA and UPA regimes."
"After the UPA came to power in 2004, the rupee went to the ventilator, the dollar is climbing the escalator and the domestic investors are on the runway ready to invest overseas and the educated youth is on the highway", Singh said at an interactive session organised by ICC and MCC Chamber here.
Pointing out that the UPA government had made a deadly combination of high external debt and high current account deficit, Singh said, "The present problems are beyond the control of the UPA government and India needs a change."
The BJP had repeatedly asked the government in both houses of Parliament to take steps to control the CAD, but nothing had been done.
"All this happened due to wrong policies and planning of the government as well as rampant corruption. I am saying that the success story is not over, but waiting for the return of the BJP," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
