Manmohan Singh hits out at PM Modi on demonetisation, job data

Manmohan Singh, Urjit Patel, RBI, Governer, BJP, Congress, Economy, News Mobile, News Mobile India
File Image

Former Prime Minister Manmohan Singh criticised the Modi government on demonetisation and the jobs data and said that state of affairs in the country is not good. On the data of jobs given by PM Modi, Singh said that the data is questionable.

ALSO READ: Hardik Patel on indefinite hunger strike, hospitalised in Ahmedabad

“People are not impressed with the figures that are being put out by the Modi government to justify the creation of a large number of jobs,” he said. He also attacked PM Modi’s notes ban of 2016 and said that over 99 per cent of the banned cash was back in the system.

“Nothing concrete has been done to bring back the promised billions of dollars allegedly held abroad as black money,” said Dr Singh.

ALSO READ: Fuel price hike: Congress calls for ‘Bharat Bandh’ on Monday

He also accused the government of “bad implementation” of the Goods and Services Tax (GST). “Programmes, like Make in India and Stand Up India, are yet to make a meaningful impact on industrial production growth. Small and marginal enterprises are yet to derive significant benefit from the ease of doing business schemes. The hasty implementation of demonetisation and GST has hurt enterprises.”

this is not the first time Singh has taken a jibe on PM Modi for demonetisation.


Please enter your comment!
Please enter your name here