Former PM Manmohan Singh says Modi govt doesn't acknowledge slowdown

Singh said while an annual gross domestic product growth of 8 per cent was achievable; it required a rethinking about the role of fiscal policy, and bolder tax reforms.

Former prime minister Manmohan Singh on Wednesday slammed the economic policies of his successor Narendra Modi, saying the government was not acknowledging that there was a slowdown, and that there was a need to rethink the reform process afresh to deal with the country’s challenges.

“Today we have a government which does not acknowledge that there is a word as slowdown. And I feel this is not good for our economy. If you do not recognise the problems that you face, you are not likely to find credible answers to take corrective actions measures and that is the real danger,” Singh