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#EconomicSlowdown : Dr Manmohan Singh Expresses Dismay Over The GDP Growth Rate Of 4.5 Per Cent

Picture : Twitter / ANI

Picture : Twitter / ANI

Former Prime Minister Dr Manmohan Singh has said that the reported GDP growth rate of 4.5 per cent was unacceptable and worrisome. Expressing his concern over the issue he urged his successor Prime Minister Narendra Modi to set aside “deep-rooted suspicion” of society and nurse India back to harmonious, mutually trustworthy society that can help the economy soar.

Delivering his valedictory address at a national conclave on economy, Singh said mutual trust is the bedrock of societal transactions fostering economic growth, but “our social fabric of trust, confidence is now torn and ruptured”.

He said the “toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society” is stifling economic activity and growth.

Singh stated that the state of our economy is deeply worrying but I will argue how the state of our society is even more worrisome.

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