Former Prime Minister and RS member Manmohan Singh today said that the NDA Government miserably failed in arresting the financial crisis in the country. He said that the Automobile sector is on the verge of collapse and if the situation is not controlled we would be losing around 10 lakh jobs.
The Government on one hand could not identify the crisis in advance and is now unable to contain it he stated. Merging of the Banksis not the solution he opined.
He said that Prime Minister Modi and Finance Minister Nirmala Seetharam have miserably failed in controlling the situation. First, the jobs were not created in the country and now we are on the verge of losing more jobs in this situation.
Today there was a meeting of the Congress leaders, and they have decided that the BJP government has failed miserably and that the country is on the verge of collapse.
Earlier also Manmohan addressed a press meet saying that the NDA Government under the leadership was taking wrong decisions and has failed in identifying the priorities.
Manmohan was the former Finance Minister Under PV Narsimha Rao Government and was instrumental in introducing lot of changes in the country and also saving the country to some extent financially.
