Indian economy is currently in a ‘vicious slowdown’: Former PM Manmohan Singh
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- Опубліковано 11 вер 2024
- Former PM Dr. Manmohan Singh Thursday took a jibe at BJP for the economic slowdown. Interacting with business community & media in Mumbai he said BJP's unwillingness to adopt people oriented policies evident in Nirmala Sitharaman's statements.
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History will be Kind to you sir
Apun ko sardaar mangta hai
Zinda ya murda?🤣
We miss you sir ji
India needs a strong opposition and hard fighter against Bhakt party..... Honestly..
#we_want_development
#no_more_Bhakts
#Jobs_for_welleducated_unemployees
#Thinkabout_nature
#plant_trees
#no_more_underground_water
#what_about_the_farmers
#what_about_Indian_economy?
Is there truly Independence is in India?
Where people don't have any rights to say against the worst decision taken by government, to say about jobs, to say about nature, to say about Farmers (the main part of Indian Economy), to say about worker's?
Is it truly Independent India?
Think thrice.......and don't think do also.
Today if the people don't say anything, we are the future generations will do that, coz we all have the power to say...and we don't fear from the government. First of all this is democratic India. So we are the people have the power to say. And we will say.
It should be noted that Indians have rejected Sonia Congress and her old fogies. Whatever they say whether it is right or wrong or true or false people are not prepared to listen from them.
People don't recognize them as heirs of Indian national Congress. Because Congress is not owning nehru, Gandhi and Patel. And also Congress has deliberately distanced itself from freedom struggle. And dismantling of institutions of the constitution began with Sonia Congress only.
So for God's sake Congress should get out of the strangle hold of Sonia and her old fogies in the interest of the nation.
Reading the script given by boss Sonia Gandhi... Under the supervision of two guards provided by her as well... The least one could do... Is at least rehearse in advance to make it look good... But looks like MMS is not concerned anymore... People know the truth anyways.... Why waste time rehearsing....
Pakode bech jaa ke
@@mayful444 And there is nothing wrong in selling pakodas or burgers, as long as they are hygienically made and complaint to public food safety standards. Why is 'MAKING PAKODAS such abad word in India? Globally, food entrepreneurs have made billions selling them (McD, Burger King, even Joshi Wadewale nearer home). Alternate was to lick the boots of Sonia Maino nee Ghandy, and damage India's economy, which MMS did by supporting corrupt colleagues. As rightly stated, people know the truth, At-least the current crop is well intention-ed, largely in-corrupt and are trying different strategies to boost the economy. It will take time to repair the damage done.
This guy for 10 long years excellently played a role of "dhritarashtra" allowed his kauravas to blatantly loot everything under the sun; he now has audacity to advise others as to how economy should be run; decrepit & shameless gesture. Mr.Manmihan Singh nobody in this this country want to remember you as PM, you have set highest benchmark of ineptitude & made mockery of India & Indian citizens worldover. Go back & rot in your solitude which we are allowing you graciously; stop showing up in public forums you hv lost your dignity long back atleast have a SHAME in rest of your life. You absolutely hv nothing to offer to this country.
Exactly.. and where were his exquisite pearls of wisdom for 10 years, infact 30 years he has been part of India's financial establishment. Just pointing out dooms-day scenarios is easy, any common person can do it. With his so-called brilliance, he should be laying out concrete solutions and to-dos, When asked that, he remarked it will take lot of time. Just a fraud, who was a good careerist and knew how to stay on the right side of the powers that be Could never be a leader and inspire respect. He may be brilliant, but could not sense its effect, 10 years was a long time to be PM and that too when the global economy was buoyant. Did nothing to rein in his corrupt ministers like Chidambaram and DMK rascals. All these huge bank NPAs were from his time and now he has the temerity to say that UPA 'may' have made mistakes but should have been corrected by now in 5.5 yrs. Where are the specific action points. ?
@@jaideepc786 excellent jaideep he's just too overrated.
Why do you want to increase inflation
It essentially means gov has to increase its expenditure as per Fisher's
quantity equation
@@ajithbabu1435 wouldn't it result in higher fiscal deficit then government borrowing will increase as a resulting in loans which our future generations will pay just like oil bonds.
Yea Gov will borrow more by decreasing the having repo cuts in short-term!.
@@ajithbabu1435 I think even fixed deposit rate is also falling because of decrease in repo rate currently
Inflation will kill middle class permanently.
All our savings FD rates were lower than inflation, basically stealing from our bank accounts
IMF pulled India in exchange for the privatization of everything gradually. As a result India lost at least $2600 billion for ever to foreign banks. We have the entire economy taken over by the private sector thieves.MM Singh, NS Rao, Modi are responsible for these.
He just let People know that , still he is living . Please go home and stay with grandkids . Mr. Modiji will take care of India , sir. You are so calm when Ms. Gandhi was in power.
Whose wants entertainment. Watch like share...
No Manmohan bhakt available only Modi bhakt available
As a former Prime MInister of India with mediocre at best economic performance during your tenure, it does not behoove your current status to look at critically the prevailing Indian economic conditions without reflection. May be your advancing age has robbed you of some of the sharpness you used to enjoy in the international economic management circles of yore.
Sahi hai
But it is evident that Manmohan Singh is in grip of vicious circle of scare. What has made him so afraid??? Chidambaram's fate may be the cause. Things are gradually moving towards him also.
Gdp of 6.1, with 3.5% inflation is vicious but somehow 4.5% gdp with 8% inflation was a good time to bring food security bill. Manmohan singh should stop acting as puppet of the congress, he is an Ex-PM not a spokesperson of congress. We know there is a slowdown but rahul gandhi's congress is the last place one will go to seek help.
Someone is getting hard on for modiji
Omg!!! Ye bhai sahab bol bhi sakate hai....
john snow 😄😄 Modi Abh Manmohan hogaya hai. Pm banter he bas chup ho jate hai sab.. aur guffa aur beach pe bhi photo click karate hai 🤣🤣
Ha only kam ka fekta nahi hain
Do you know his age?
Modi ji chup kyo hai
make Subramanya swamiji FM.
Manmohan Singh is complicit in the most sophisticated & innovative form of Congress corruption which was to appoint a docile-man with clean image who would pretend to be blind in lieu of enjoying privileges of the highest office of the country while his subordinate Ministers indulged in unbridled corruption reporting to the party high command. His tenure saw Diarchy almost a century after Britain bestowed similar rule in 1919 on India where Supreme power vested some where else.
The UPA under Manmohan Singh did the most criminal act- bleeding this country dry with unprecedented corruption. Indian banks sanctioned loans totaling Rupees 34 lakh Crores between 2008 to 2014 to political favorites of the Congress like Vijay Mallya & Jewel thieves Mehul-Nirav & others without ensuring collateral often on the basis of telephonic instructions & using bank guarantee-letters (LoUs) which were never reflected in the original bank’s records. That these loans were twice as big as total loans of 18 lakh Crores sanctioned by the banks during all the previous 61 yrs. since independence is mind boggling! That resulted in whopping NPA's of over 12 lakh Crores in our banks. The loot was cleverly camouflaged under the guise of a PM who had previous experience of being RBI Governor & FM but was made impotent & docile with the bait of highest office. No wonder when Congress lost power, the favorites were alerted to leave country at the earliest opportune time before the new govt. realized what & how the NPAs actually happened. Manmohan Singh has the dubious distinction of bringing about the worst electoral drubbing for his Congress party which could not get even mandatory 10% of Lok Sabha seats both in 2014 & 2019 elections for its leader to be recognized as "Leader of Opposition" in order to get requisite status, respect & perks.
History of modern India when written after several decades will judge Manmohan Singh's Premiership very harshly
because of monumental scams during his tenure. India's nominal GDP barely touched $1.85 tn (11th in the world) in 2014 during last 5 yrs of Economist-PM Manmohan Singh rule who along with Govt's economic advisor Raghuram Rajan &
his FM P. Chidambaram emptied Indian banks' treasury to favored businessmen under the garb of trickle down effect. The stock markets danced but people remained without basic elementary facilities. Manmohan Singh's team can not escape the curse of millions of poor Indians who were denied elementary basics at the cost of enriching the rich. Despite demonetization, implementation of GST ( both betenoire of liberalists) & whopping NPAs of over 12 Lakh Crore, the economy jumped to $3tn reaching 5th place in 2019 with millions of people getting access to toilets, cooking gas, electricity supply, bank accounts & micro-finance etc. Modi knew that investment in the people is the real economy because if you invest in the people, people in turn will invest in the country after all real purpose of the economy is to improve living standards of the people specially people at the base of the pyramid.
Completely agree ! Most precisely articulated. The above mirrors the opinion of thousands of thinking individuals. Many congrats !!