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Former Prime Minister Dr Manmohan Singh on Friday expressed concerns over the continuous decline in the national economy by saying that the situation is ''deeply worrying.'' Speaking to ANI, the former prime minister said, ''The state of our economy is deeply worrying but I will argue how the state of our society is even more worrisome.''

''The GDP figures released today are as low as 4.5%. This is clearly unacceptable. Aspiration of our country is to grow at 8-9%. The sharp decline of GDP from 5% in Q1 to 4.5% in Q2 is worrisome. Mere changes in economic policies will not help revive the economy,'' Dr Singh said.

The senior Congress leader added, ''We need to change the current climate in our society from one of fear to one of confidence for our economy to start growing at 8%/ annum. The state of economy is a reflection of the state of its society. Our social fabric of trust and confidence is now tornand ruptured.''


Publish Time: 29 November 2019
TP News

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