Oppn slams govt over slowdown, Manmohan says 'precarious state of economy'

The former PM said many industrialists have told him that they live in fear of harassment by government authorities

Former prime minister Manmohan Singh on Friday said the fundamental reason for the “precarious state of” the Indian economy was the “even more worrisome” state of India’s society.

Speaking at an ‘economic conclave’ organised by think tanks associated with the Congress, Singh urged Prime Minister Narendra Modi to “set aside his deep rooted suspicion” of India’s society and “nurse” it back to a “harmonious, confident and mutually trustworthy society that can revive the animal spirits and help our economy soar.”

Singh said, the GDP figures released earlier today point the growth rate of our economy in the second quarter of