Dr Manmohan Singh About PM Modi Govt Congress VS BJP PM Modi Sonia Gandhi YOYO TV Kannada
The state of the economy today is deeply worrying, former Prime Minister #ManmohanSingh said today, adding that "all-round mismanagement" by Prime Minister #NarendraModi 's government has resulted in the slowdown. The veteran Congress leader's comments come two days after government data showed that India's economy expanded at its slowest pace in over six years.
Growth in the country's gross domestic product (GDP) stood at 5 per cent in the first quarter of current financial year (2019-20), compared with 5.8 per cent in the previous quarter, and 8.0 per cent in the quarter ended June 30, 2018.
"The last quarter's GDP growth rate of 5% signals that we are in the midst of a prolonged slowdown," Dr Manmohan Singh said in a video statement. Decelerating for the fifth quarter in a row, economic expansion came in at the slowest pace since the quarter ended March 2013, when it had stood at 4.3 per cent. A slowdown in sales of cars to biscuits and lakhs of estimated job cuts across sectors plagued the economic growth of the country, say analysts. #SoniaGandhi
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