Manmohan Singh the former Prime Minister of India said that the financial crisis is looming large in India. Put aside the vendetta politics and steer the economy out of the man-made crisis. It is the bad policies of the BJP Government that has brought India to this worst condition Manmohan Opined.
Making a statemetn Manmohan said that the BJP Government failed in attracting the foreign investment and the exports also have declined.
Manmohan suggested that the Government must try to improve the financial condition of the country rather than doing politics and taking on the opposition. The BJP Government failed miserably in development of the country he said.
He blamed demonetisation one of the main reasons for this financial crisis in India. The Government failed to act for the revival of the industry and also in creating the jobs he stated.
The merger of banks is of no use he opined. All out measures should be taken in rejuvenating the economy of the country he said. Where are the jobs he questioned? The Government miserably failed in implementing the promises made he said.
Meanwhile, Nirmala Seetharama is announcing a slew of measures for the course correction. But how far this will save the economy has to be seen.
