Modi govt in firefighting mode over slowdown, but where is economy heading?

Yashwant Sinha's critique of the manner in which the Narendra Modi government has dented India's economy has sparked off a debate

Former finance minister and Bharatiya Janata Party (BJP) leader Yashwant Sinha's recent criticism of the manner in which the Narendra Modi government, particularly Finance Minister Arun Jaitley, has mismanaged India's economy has set off a flurry of reactions from the administration, which is looking to counter any talk of economic failure on its part. Meanwhile, the Opposition has taken the opportunity to launch a fusillade at the Modi sarkar. (Read how Sinha ripped into the govt's economic performance)

Economic growth plunged to 5.7 per cent in April-June of the current financial year (FY18), the lowest in the three-year